ab 6 January 2025 Global Research US Enterprise Hardware and Networking 2025 Outlook: To AI or not to AI, that is the key question. Prefer Dell and TD SYNNEX in '25 Our top picks for 2025 are Dell and TD SYNNEX Strong AI related investments should continue in CY25 and H1:CY26 but... In 2025, we expect investors to remain focused on companies with significant exposure to AI infrastructure investments like Arista and Celestica. Our industry checks suggest data center capex should be up ~33% and 23% in CY25 an ...