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 Technologies reported a significant increase in its fiscal 2027 forecast, driven by strong demand for AI servers. The company now expects AI server revenue to triple, up from an earlier prediction of doubling just six months ago.
Following this announcement, Dell's stock surged by 9%, reflecting investor confidence in the company's growth prospects 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 the Bar Again as AI Demand Fuels Another Strong Quarter”
Yahoo Finance — Dell Technologies (DELL) Raises the Bar Again as AI Demand Fuels Another Strong Quarter