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Dell Technologies Inc. gave a profit outlook for the year that exceeded estimates and said it had seen a significant increase in orders for servers to run AI networks.
The maker of computers and software on Thursday said it now expects adjusted earnings per share of $9.40, up from its previous outlook for $9.30.
Dell Technologies reported fiscal first-quarter earnings that missed expectations, but offered a stronger-than-expected ...
Dell raised its profit forecast thanks to strong AI server demand. The company made $12.1 billion in AI server orders last quarter. Dell partnered with Nvidia to build a supercomputer for the U.S.
May 30 - Shares of Dell Technologies (NYSE:DELL) climbed about 2% in Friday premarket trading after the company lifted its full-year profit outlook and ... demand for AI systems, including $7 ...
which was a 10 cent increase from the company's prior outlook. Dell is one of Nvidia's primary vendors that builds systems around the chipmaker's AI graphics processing units. Dell said on ...