Dell shares jump nearly 10% as AI server demand lifts annual outlook
AI Market Summary
Dell raised full-year revenue and adjusted EPS guidance after Q2 revenue beat expectations, driven by record AI-optimized server orders ($60B) and a $95B backlog. The results reinforce strong near-term AI infrastructure capex and highlight Nvidia-based server demand across hyperscalers and AI cloud providers. Positive read-throughs extended to peers, supporting sentiment across AI hardware and data-center supply chains.
Impact level
● Medium
Affected assets
NCSKDELL2USD/USDT+2.37%
AI Insight · NCSKDELL2USD/USDTAI Insight
▲ Bullish
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Dell Technologies reported second-quarter revenue of US$47 billion, up 58% year on year and above market expectations. The company raised its full-year revenue forecast to US$192 billion and lifted its adjusted earnings-per-share target to US$25.50. Dell said AI-optimized server orders reached a record US$60 billion and backlog hit a record US$95 billion.
