Dell Technologies ($DELL) is experiencing significant growth in its Infrastructure Solutions Group (ISG), with a reported 34% increase in business and operating income reaching $1.5 billion, growing faster than revenue at 41%. The company has achieved six consecutive quarters of sequential growth in server sales and four consecutive quarters of year-over-year growth, driven by customers modernizing their data centers. Dell's Chief Operating Officer, Jeff Clarke, noted that the company has supplied 'thousands' of GPUs to xAI, rapidly scaling up deployment from initial stages to tens of thousands within months. This growth comes amidst competition with Super Micro Computer ($SMCI), which has raised questions regarding the auditing of financials between the two companies. In the broader market context, Nvidia's ($NVDA) upcoming Blackwell Ultra GB300 servers are anticipated to launch in mid-2025, promising enhanced performance and requiring fully-liquid cooled racks.