# Who does Dell Technologies pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/dell · Facet: suppliers · Updated: 2026-09-12T00:51:24.848673+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Dell Technologies's confirmed suppliers/cost counterparties include NVIDIA, Intel, Amphenol plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 4 cost edges, backed by 3 dated sources, 2 of them primary filings (as of 2026-09-12).

### NVIDIA (high)  → /nvidia.md
- note: Builds AI servers (PowerEdge XE) with NVIDIA H200/B200 GPUs — GPU allocation is both the cost and the upstream bottleneck of Dell's AI-server revenue, with NVIDIA's roadmap driving volume.
- [confirms] Wikipedia (KO, news, published 2026-01-01) https://ko.wikipedia.org/wiki/델_테크놀로지스: "Dell PowerEdge XE are NVIDIA-GPU AI servers."
- [confirms] SEC EDGAR (EN, filing, published 2025-11-25) https://www.sec.gov/Archives/edgar/data/0001571996/000157199625000118/exhibit991earnings8kq3fy26.htm: "Dell PowerEdge XE are NVIDIA-GPU AI servers."

### Intel (mid)  → /intel.md
- note: Sources Intel CPUs for servers/PCs.
- [confirms] SEC EDGAR (EN, filing, published 2025-11-25) https://www.sec.gov/Archives/edgar/data/0001571996/000157199625000118/exhibit991earnings8kq3fy26.htm: "Dell servers/PCs use Intel CPUs."

### Amphenol (mid)  → /amphenol.md
- note: Connectors to Dell AI servers.
- [confirms] SEC EDGAR (EN, filing, published 2025-11-25) https://www.sec.gov/Archives/edgar/data/0001571996/000157199625000118/exhibit991earnings8kq3fy26.htm: "Connectors to Dell AI servers."

### 메모리·부품·ODM (비공개) (low)
- note: Memory, storage and components.
- [confirms] SEC / Dell (EN, filing, published 2026-03-16) https://www.sec.gov/Archives/edgar/data/1571996/000157199626000008/dell-20260130.htm: "Dell 10-K: sources memory, processors and components for servers/PCs from multiple suppliers and ODMs (supply-concentration and price-volatility risks disclosed)."

Reverse side: https://valuechain.wiki/dell/customers.md · Ripple: https://valuechain.wiki/dell/ripple.md

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Full node: https://valuechain.wiki/dell.md · JSON: https://valuechain.wiki/dell.json