Dell Technologies Inc. (DELL) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

SA Transcripts 162.14K Followers Follow Dell Technologies Inc. ( DELL ) Goldman Sachs Communacopia + Technology Conference 2026 September 9, 2026 3:25 PM EDT Company Participants Michael Dell - Chairman & CEO Conference Call Participants Katherine Murphy - Goldman Sachs Group, Inc., Research Division Presentation Katherine Murphy Goldman Sachs Group, Inc., Research Division Hi, everybody, and welcome to the Dell Technologies keynote at the Goldman Sachs Communacopia and Technology Conference. I have the privilege of hosting Michael Dell, CEO and Founder of Dell Technologies. My name is Kat Murphy. I cover IT, hardware and Dell here at Goldman Sachs. We have about 35 minutes for today's discussion. I'll kick it off with the Safe Harbor, and then we can dive right into it. This presentation contains forward-looking statements based on Dell Technologies' current expectations. These statements involve risks and uncertainties that could cause actual results to differ materially. Factors that could cause results to differ are discussed in Dell Technologies' periodic reports on Forms 10-K and 10-Q filed with the SEC. Any forward-looking statements made today are based on assumptions as of today, and Dell Technologies undertakes no obligation to update them. So with that, Michael, thank you very much for joining us here today. Michael Dell Chairman & CEO Thanks for having me. Great to be here. Question-and-Answer Session Katherine Murphy Goldman Sachs Group, Inc., Research Division To kick it off, Dell has been at the forefront of multiple technology eras with leading portfolios in PCs, servers, enterprise storage and most recently, in AI rack scale infrastructure. You've talked in the past about how the data center, in particular, is moving from being thought of as a cost center to a center for value creation. I was wondering to start, if you can talk about where you think we are in the role of infrastructure for an enterprise. And are we at the beginning of a