Dell Surges 9% After Lifting Fiscal 2027 Forecast on AI Server Strength
Guidance·2 articles across 2 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Dell has raised its fiscal 2027 forecast, anticipating AI server revenue to triple, up from an earlier expectation of doubling. The company reported $60.9 billion in AI server orders and a backlog of $95 billion, indicating strong demand in the sector.
Following this announcement, Dell's stock surged by 9%, reflecting investor confidence in the company's growth potential driven by AI technology.
Dell
Sources
Every quote below is verbatim from the article it is attributed to.
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 (DELL) Reports $60.9B of AI Server Orders and a $95B Backlog. Can the Demand Surge Produce Durable Cash Flow?”
Yahoo Finance — Dell (DELL) Reports $60.9B of AI Server Orders and a $95B Backlog. Can the Demand Surge Produce Durable Cash Flow?