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Dell's revenue and AI server sales soar, shares jump 10% after beating forecasts

Company Fundamentals
01 Sep 2026
CNBC
View Source
Bullish
pluang ai news

Dell Technologies reported quarterly revenue of $46.97 billion, surpassing analyst estimates and growing 58% year-over-year. The company raised its full-year forecast, now expecting $192 billion in revenue and $25.50 in adjusted earnings per share, driven by a surge in AI-optimized server sales projected to triple to $74 billion. Dell's shares rose 10% in after-hours trading, reflecting strong investor confidence in its AI infrastructure growth. The company also secured major contracts, including a $9.7 billion U.S. military software deal and a $1.6 billion hardware purchase by AI cloud provider Iren.

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