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 orders of $60.9 billion. This boost also lifted Hewlett Packard Enterprise shares by 4%, while Super Micro Computer saw a modest 1% rise. Investors are watching supply constraints and backlog conversion as key factors for sustaining growth in the AI infrastructure market.
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...
Dell Technologies reported quarterly revenue of $46.97 billion and earnings per share of $7.04, both surpassing analyst expectations. The company's growth is fueled by strong demand in its AI server business, supported by a substantial $51 billion or...
Dell Technologies reported fiscal Q2 revenue of $47 billion, up 58% year-over-year, driven by a doubling in AI-optimized server sales to $16.4 billion. The company beat analyst estimates on revenue and earnings per share, prompting a 10% jump in afte...
