Dell Shares Rise Nearly 40% After Surge in AI Server Sales
Dell reported an 88% quarterly revenue jump driven by AI server demand, underscoring continued infrastructure spending growth.
Excerpt
<p>Customer demand for AI is pouring jet fuel on Dell’s server, storage and networking businesses, as its overall revenue grew 88% to $43.8 billion during its April quarter compared to last year, beating its earlier forecast by more than $8 billion.</p> <p>Excluding items, Dell reported earnings per share ...</p>
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