Dell Bets on Rising AI Server Demand to Forecast Higher Growth
Dell raised AI server shipment forecast to $25 billion and full-year revenue guidance to $111.7 billion due to strong demand from businesses, governments, and neoclouds.
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8 Articles
Dell bets on rising AI server demand to forecast higher growth
Dell forecast fourth-quarter revenue and profit above Wall Street estimates on Tuesday, as increasing investments in data centers to support artificial intelligence boost demand for its servers, sending its shares up 4 per cent in extended trading. The company also announced the permanent appointment of David
Dell Misses On Revenue But Lifts Outlook On Strong AI Demand
Dell posts mixed results with stronger guidance for the next quarter Dell reported fiscal third-quarter earnings that came in below Wall Street revenue expectations, while issuing a fourth-quarter forecast that exceeded analyst estimates due to rising demand for AI systems. The company’s shares rose 5% in extended trading following the announcement. Quarterly performance versus expectations Here’s how Dell performed compared with LSEG consensus …
Dell bets on rising AI server demand to forecast higher growth
Dell's fourth-quarter revenue and profit forecasts surpassed Wall Street expectations, driven by surging demand for its AI-optimized servers. The company raised its annual revenue outlook significantly, projecting $25 billion from AI server shipments in fiscal 2026. Dell's AI server backlog reached $18.4 billion, fueled by substantial new orders and key customer wins.
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