Dell Technologies increased its full-year AI server revenue guidance to $60 billion, supported by a $51.3 billion backlog and a pipeline much larger than the backlog after converting $24.4 billion into orders. The company expects memory price stabilization to ease recent gross margin pressures, with margins recovering toward 20% within a few quarters. Dell maintained a 16.5% PC market share in Q1 2026 and grew its Client Solutions Group revenue, benefiting from enterprise refresh cycles. However, rising receivables and falling unearned revenue pose risks to free cash flow margins, which are near four-year highs. The current stock valuation implies a 16.9% earnings growth rate over six years, considered achievable given recent profit acceleration.
Dell Technologies revealed that many of its largest customers are signing multi-year contracts for AI servers without guaranteed prices, prioritizing access over cost amid high demand and supply shortages. The company faces challenges in predicting c...
Dell Technologies achieved record results driven by expanding AI demand beyond GPUs into servers, storage, networking, and enterprise infrastructure. AI server orders hit $24.4 billion with a backlog of $51.3 billion despite strong shipments. Traditi...
Dell Technologies reported Q1 revenue of $43.84 billion and adjusted earnings of $4.86 per share, both well above analyst expectations, driven by strong AI infrastructure demand. The company's Infrastructure Solutions Group revenue surged 181% to $29...
US stock futures edged higher following gains in major indexes, driven by news of a US-Iran ceasefire extension awaiting President Trump's approval. The deal aims to keep the Strait of Hormuz open while nuclear talks continue. Dell Technologies surge...
Dell's COO Jeff Clarke revealed a surge in demand for AI servers as companies prioritize securing supply over price, planning infrastructure needs 3-5 years ahead. This rush is driven by volatile component prices and supply constraints, especially in...
