Dell Surges 9% After Lifting Fiscal 2027 Forecast on AI Server Strength
Guidance·2 articles across 2 outlets
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Dell Technologies has raised its fiscal 2027 forecast for AI server revenue, now expecting it to triple. This marks a significant increase from the previous expectation of doubling revenue six months ago.
Following this announcement, Dell's stock surged by 9%, reflecting investor confidence in the company's growth potential in the AI sector.
Dell
Sources
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SourceReports the news
“Dell sees AI server revenue tripling in fiscal 2027.”
CNBC — Dell surges 9% after lifting fiscal 2027 forecast on AI server strength“Dell Technologies (DELL) Raises its AI Server Forecast for the Second Time This Year”
Yahoo Finance — Dell Technologies (DELL) Raises its AI Server Forecast for the Second Time This Year