US Stock Market Move | Dell Technologies, Inc. Class C Technology (DELL.US) rose more than 5% as Goldman Sachs Group, Inc. raised its target price to $215.

On Thursday, Dell Technologies, Inc. Class C technology (DELL.US) rose more than 5%, reaching $186.80. In terms of news, Goldman Sachs Group, Inc. released a report raising Dell Technologies, Inc. Class C's 12-month target price from $195 to $215, and predicted its revenue in the first quarter of 2026 to reach $36.2 billion, with AI server revenue at $13 billion. Additionally, recent rumors about NVIDIA Corporation intending to acquire a large PC manufacturer have drawn widespread industry attention. The rumor was first disclosed by industry website SemiAccurate on April 13. Reports suggest that NVIDIA Corporation is seeking a "reshape the PC market" mega-acquisition, having been in over a year of negotiations to acquire a major PC enterprise. Currently, the deal has reached a "critical point of either nearing completion or abandonment," but the specific acquisition target has not been clarified. After the rumor spread through the industry bloggers, the market quickly focused on the top global PC manufacturers. Considering the global PC market situation, aside from Apple Inc., Dell Technologies, Inc. Class C and HP Inc., as leading global PC suppliers, have become the primary speculated acquisition targets according to Gartner and Omdia data, in the first quarter of 2026, HP Inc. holds 19% of the global PC market share, while Dell Technologies, Inc. Class C holds 17%, with a combined market share of nearly 35%, and both companies have deep business cooperation with NVIDIA Corporation. In response to the rumors, NVIDIA Corporation promptly denied them, stating that the reports were untrue. NVIDIA Corporation has not engaged in any discussions about acquiring any PC manufacturers, nor do they have any acquisition plans.