Dell Technologies (NYSE:DELL) saw its shares reach a record high on Wednesday following an optimistic outlook from Morgan Stanley.

The investment bank reiterated its Buy rating for Dell and raised its price target to $152, signaling strong confidence in the company's future performance.

Dell's stock surge is driven by the company's increasing momentum in the artificial intelligence sector and a noticeable improvement in the PC market.

As the race for AI technology intensifies, Dell is positioning itself as a key player, attracting significant investor interest.