Dell Jumps Most in Two Years on AI Server Sales Outlook
Dell Technologies headquarters in Round Rock, Texas.
Photographer: Sergio Flores/BloombergDell Technologies Inc. shares jumped the most in two years after the company gave an outlook for sales of its artificial intelligence servers that exceeded estimates, a sign of robust demand for machines helping fuel the AI data center build-out.
The company will generate about $50 billion in AI server revenue in the current fiscal year, which ends in January 2027, Dell said Thursday in a statement.