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Legacy Tech Giants Surge on Enterprise Spending Wave

Dell Technologies, Nokia and Lenovo are experiencing a significant resurgence. The three companies faced declining relevance following the dot-com crash, but their fortunes have reversed. Unrelenting artificial intelligence spending is driving the rally. Combined gains have topped $1.7 trillion as investors reassess long-term growth prospects. The resurgence reflects how established hardware and infrastructure providers are capturing increased orders. Companies worldwide are updating aging infrastructure and expanding technology capabilities to support AI initiatives.