Dell Technologies' stock surged after reporting strong earnings, with a 30% increase and a forecast of revenue between $91 billion and $95 billion for the current fiscal year. The company's AI-optimized server backlog reached $2.9 billion, driven by interest in servers equipped with next-gen AI GPUs.
Dell Technologies surged 31.62% on Friday, its biggest daily percentage gain ever, after the personal computer maker forecast annual revenue and profit above Wall Street estimates. Dell forecast revenue between $91 billion and $95 billion for its current fiscal year ending…
$DELL up 210% in the last year
Dell’s AI Surprise Sent the Stock Soaring. It Could Mean Even More for Nvidia. - Barron's https://t.co/A3fsFVxx5n
$DELL +30% on earnings! I get it, AI. But I look at the numbers & guidance, and see such a miserable business :-((. Someone, pls show me where I am wrong.
MyPOV: @DellTech AI optimized server backlog swells to $2.9 B exiting Q4 https://t.co/wwVZXhTTZE "We are also seeing strong interest and orders for AI optimized servers equipped with the next generation of AI GPUs, including the H200 and MI300X," said COO Jeff Clarke. @ldignan