Dell Technologies has raised its full-year financial outlook following a significant surge in demand for its artificial intelligence-optimized servers. The company’s Infrastructure Solutions Group experienced notable revenue growth, propelled by strong enterprise orders for high-performance computing hardware designed to train and run AI workloads. This robust momentum in data center equipment has helped offset slower demand within Dell’s traditional commercial and consumer personal computer segments.
- Dell increased its full-year revenue and profit forecasts due to strong AI server demand.
- The Infrastructure Solutions Group recorded significant gains driven by enterprise AI infrastructure investments.
- Order pipelines for specialized servers equipped with advanced AI accelerators continue to expand.
- Strength in the AI data center market continues to counterbalance softer performance in the traditional PC business.
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What to the blokes on Bloomberg who were saying AI servers would be a small margin business??? Months of commentary.