Jim Cramer · Broadcom · Jensen Huang · Taiwan · CNBC Technology
Jim Cramer confirms Dell’s blowout quarter sets up a crucial week for AI stocks
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CNBC's Jim Cramer said next week could bring key answers for technology stocks after a blockbuster quarter from Dell Technologies added to the enthusiasm around the data center trade.
Key facts
- After the bell, Palo Alto Networks, which is a holding in Cramer's Charitable Trust, the portfolio run by the CNBC Investing Club, reports
- Executives from other key tech players such as Arm Holdings, Marvell Technology, Intel and Qualcomm will also be at Computex
- Dollar General reports after rival Dollar Tree posted stronger-than-expected results on Thursday
- CNBC's Jim Cramer said next week could bring key answers for technology stocks after a blockbuster quarter from Dell Technologies added to the enthusiasm around the data center trade
Summary
"When we look back, I wonder if we'll say this was that moment when Dell simply took over the computer space" the " Mad Money " host said Friday, calling the company's latest earnings one of the biggest "blowouts" he can recall. Tech has dominated the market this year, particularly companies tied to artificial intelligence infrastructure. That could begin to change next week when CEO Jensen Huang delivers a keynote at Computex in Taiwan. Other than Huang's presentation, Merck is set to host a meeting reviewing its cancer portfolio following the annual ASCO conference, offering investors a closer look at the drugmaker's pipeline.