DELL Launches Upgraded Storage System Tech To Capitalize On Memory Demand Boom

Dell unveils PowerStore Elite storage platform.
Dell Global Business Center Sdn. Bhd. located in Bayan Lepas, Penang, Malaysia. This facility is a key strategic hub for Dell Technologies. (Photo by: ruelleruelle/UCG/Universal Images Group via Getty Images)
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Shashank Nayar·Stocktwits
Updated May 19, 2026   |   4:12 PM EDT
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  • Launches PowerStore Elite platform, designed to increase performance and storage efficiency.
  • Expected to boost performance up to 3x with software-driven improvements and 3x network throughput
  •  27 analysts have an average price target of $203.09 per share, nearly 14% lower than Monday's closing price. 

Dell Technologies (DELL) share price eased around 1% on Tuesday after the computer maker introduced its new PowerStore Elite storage platform, featuring a complete hardware refresh and software-driven innovations designed to maximize performance and efficiency for AI enterprise workloads. 

The PowerStore Elite platform delivers up to three times the performance and thrice more network throughput than previous-generation systems. It supports block, file, virtual machine, and container workloads on a unified platform. Utilizing mixed-generation clustering, existing customers can adopt the new system incrementally and transition without experiencing operational disruption or downtime.

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"Private clouds are only as powerful as the storage underneath them," said Arthur Lewis, president of the Infrastructure Solutions Group at Dell Technologies. 

The hardware architecture is powered by Intel Xeon Scalable processors, boasting up to 50% more CPU cores than prior models. 

Memory stocks and AI hardware providers have been in focus as surging demand for AI tools amid limited semiconductor and memory supply has raised investor concerns about an overheated market. 

The platform relies heavily on built-in intelligence. AI-driven automation continuously tunes performance, balances workloads, and manages real-time efficiency to reduce manual operations by up to 95%. At a broader scale, Dell AIOps capabilities offer predictive insights that allow administrators to resolve issues up to 10 times faster than traditional approaches.

Security features have also been upgraded with Dell Cyber Detect, a new integrated software offering. Trained on thousands of ransomware variants, Cyber Detect inspects data at the byte level to identify ransomware corruption with 99.99% accuracy.

DELL’s Recent AI Developments 

Dell recently launched this localized solution as part of the "Dell AI Factory with NVIDIA." It allows enterprises and workgroups to implement and scale agentic AI workflows locally on Dell workstations. 

Dell said on Monday that more than 5,000 customers are already deploying solutions through the Dell AI Factory, positioning the platform as a way for enterprises to run AI workloads on infrastructure they directly control.

OpenAI and Dell Technologies also announced a partnership on Monday to help more enterprises deploy Codex in the environments where their most important data, systems, and workflows already live. Codex is becoming one of OpenAI’s fastest-growing enterprise products.

DELL Retail View

Retail sentiment on Stocktwits was ‘bearish’ with ‘high’ message volumes. 

27 analysts have an average price target of $203.09 per share, nearly 14% lower than Monday’s closing price.

The stock has soared 110% over the past 12 months.

Read More: WMT Stock Hits Record Highs Ahead Of Q1 Results - Here Is What Analysts Expect

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