positive
Dell projects stronger growth on rising AI-server demand
Dell has forecast fourth quarter revenue and profits above Wall Street estimates, driven by a surge in demand for servers optimized for artificial intelligence workloads. The company cited rising enterprise and data center investments in AI infrastructure, estimating fiscal 2026 AI-server shipments will reach $25 billion. Dell also confirmed appointment of a new finance chief and raised its full-year guidance.
Companies:
- Dell
Tags:
- tech
- ai
Reuters• By Pooja Kumari
Explore:Mutual Fund Categories
positive
Dell projects stronger growth on rising AI-server demand
Dell has forecast fourth quarter revenue and profits above Wall Street estimates, driven by a surge in demand for servers optimized for artificial intelligence workloads. The company cited rising enterprise and data center investments in AI infrastructure, estimating fiscal 2026 AI-server shipments will reach $25 billion. Dell also confirmed appointment of a new finance chief and raised its full-year guidance.
Companies:
- Dell
Tags:
- tech
- ai
Reuters• By Pooja Kumari
Explore:Mutual Fund Categories
1 min read
60 words
Dell raises its revenue forecast as AI-server demand surges, estimating $25 billion in shipments in 2026 and signalling robust hardware demand through the AI boom.
Dell has forecast fourth quarter revenue and profits above Wall Street estimates, driven by a surge in demand for servers optimized for artificial intelligence workloads. The company cited rising enterprise and data center investments in AI infrastructure, estimating fiscal 2026 AI-server shipments will reach $25 billion. Dell also confirmed appointment of a new finance chief and raised its full-year guidance.
Dell has forecast fourth quarter revenue and profits above Wall Street estimates, driven by a surge in demand for servers optimized for artificial intelligence workloads. The company cited rising enterprise and data center investments in AI infrastructure, estimating fiscal 2026 AI-server shipments will reach $25 billion. Dell also confirmed appointment of a new finance chief and raised its full-year guidance.
Companies:
- Dell
Tags:
- tech
- ai
- tech
- ai
- hardware
- servers