Dell Shares Rise on Strong AI Server Demand
Hyperdash NewsEquitiesDell Technologies shares rose following a significant increase in demand for its AI servers. The company's first-quarter AI server revenue surged 757% year-over-year to $16.1 billion. Dell also raised its fiscal year 2027 AI server revenue outlook to approximately $60 billion.
This strong performance in AI server sales has led Wall Street analysts to revise their growth projections for Dell. The company now forecasts fiscal year 2027 revenue of about $167 billion, exceeding prior guidance and analyst estimates. 
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