Dell shares gain after strong AI server demand boosts annual forecast

Dell Technologies’ shares climbed nearly 10 per cent in premarket trading on Wednesday, as strong demand for its AI-optimized servers powered an increase in its annual revenue and profit forecasts.

Dell shares gain after strong AI server demand boosts annual forecast  Reuters

Sept 2 : Dell Technologies' shares climbed nearly 10 per cent in premarket trading on Wednesday, as strong demand for its AI-optimized servers powered an increase in its annual revenue and profit forecasts.AI infrastructure companies have benefited from rising demand as tech firms and hyperscalers ramp up investments i

Dell sees AI server revenue tripling in fiscal 2027. Six months ago, it was looking for the number to double.