Dell Jumps Most in Two Years on AI Server Sales Outlook

Dell Technologies headquarters in Round Rock, Texas.

Photographer: Sergio Flores/Bloomberg

Dell 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 statementBloomberg Terminal.