Dell reported a record $60.9 billion in AI server orders in one quarter, doubling AI revenue and raising full-year guidance to $192 billion. Despite strong sales and a 43.7% EPS beat, shares fell 6.8% as investors worry about thin margins and a 47% drop in free cash flow due to high inventory and memory costs. Dell's AI backlog of $95 billion and growing customer base highlight strong demand, but working capital pressures and negative shareholders' equity temper enthusiasm. The market awaits margin sustainability and cash flow recovery in coming quarters to confirm the AI boom's profitability.
NVIDIA's stock rose 4% following reports of advanced talks to acquire AI platform Hugging Face for $12.9 billion, enhancing its AI model capabilities. Meanwhile, Dell Technologies surged 8% after beating revenue expectations and raising its full-year...
Dell Technologies shares jumped 9% after reporting a record $95 billion AI server backlog and raising its full-year revenue forecast by $25 billion to $192 billion. The company posted strong Q2 results with revenue up 58% year-over-year and AI server...
Dell Technologies reported a record Q2 FY27 with revenue hitting $47 billion and non-GAAP EPS of $7.04, driven by exceptional demand for AI servers. Quarterly orders reached $60.9 billion with a backlog at a record $95 billion, boosting profitability...
Dell Technologies reported a significant surge in AI-related orders, with its AI backlog reaching $95 billion and Q2 orders hitting $60.9 billion compared to $16.4 billion in revenue. The company expects AI server revenue to triple to $74 billion by ...
Dell Technologies reported a strong Q2 with revenue up 58% to $46.97B and raised its full-year revenue guidance by $25 billion, driven by AI-optimized server sales. MongoDB posted double-digit growth and raised its FY27 profit and revenue outlook des...
