Dell's Q2 Results Soar as AI Server Demand Fuels Record Infrastructure Sales

Dell's sparkling Q2 results are all about AI

Few companies have tied their fortunes to AI as much as Dell Technologies has, with the technology giant seeing a rise in server and networking revenue of 80 percent thanks to AI infrastructure sales, while eyeing potential AI PC dividends coming down the pike. The Texas titan has done its best to

Dell Technologies Infrastructure Sales Hit Record, AI Server Revenue Surges 80 Percent

'We are offering customers choice, flexibility and control of how and where they build, train and run artificial intelligence,' Dell Vice Chairman and COO Jeff Clarke said on the company's second fiscal quarter earnings call. Dell Technologies revenue surged to $25 billion in its second fiscal

Dell beats second-quarter results estimates on strong AI server demand

Dell has capitalized on increasing demand for its AI servers, which are powered by Nvidia's graphics processors. These servers are designed to meet the growing computing needs of AI systems, including training language models. Revenue for the second-quarter ended Aug 2 rose about 9% to $25.03

Dell's server sales are riding high off of cloud and AI investment

Wall Street-smashing expectations follow similar results published this week by HP Dell's latest quarterly results have surpassed Wall Street's expectations, driven by an 80% rise in server sales largely attributed to business and cloud storage provider interest in artificial intelligence

Dell Reports Sales That Top Estimates on AI Server Orders

(Bloomberg) -- Dell Technologies Inc. reported better-than-expected revenue due to an increase in the sales of its servers to handle artificial intelligence workloads. Orders of AI-optimized servers were $3.2 billion in the fiscal second quarter, up from $2.6 billion in the previous period, Dell

Dell shares jump as AI server demand boosts results, forecasts

(Reuters) - Shares of Dell Technologies rose 6% in premarket trading on Friday, after robust demand for its artificial intelligence-powered servers propelled the company to raise its full-year earnings and revenue forecasts. Dell, which supplies servers and related infrastructure to enterprises,

Dell raises annual forecasts on strong AI server demand

Analysts have said that AI PCs are lucrative for enterprise customers and would trigger a strong upgrade cycle next year amid Microsoft's upcoming end of support for Windows 10. The company now expects annual revenue outlook to be between $95.5 billion and $98.5 billion, compared with prior

Dell shares jump as AI server demand boosts results, forecasts

"Dell's beat was entirely due to AI servers, with storage and PC revenues both coming in below consensus," Bernstein analysts wrote in a note. They said 80% to 90% of the company's server customers appear to be tier 2 cloud services providers and new deal opportunities appear to be competitive

Dell shares jump as record AI server revenue drives Q2 beat; annual forecast hiked By Investing.com

Investing.com -- Dell Technologies reported Thursday second-quarter results that topped Wall Street estimates, driven by record revenue in its infrastructure solution business as strong demand for its artificial intelligence-optimized servers boosted performance. The company also hiked its annual

Dell's stock rises on crushing earnings beat driven by AI server sales - SiliconANGLE

Dell's stock rises on crushing earnings beat driven by AI server sales Booming sales of servers for artificial intelligence workloads helped Dell Technologies Inc. to deliver a crushing earnings and revenue beat in its latest financial quarter, sending its stock higher in extended trading. The