Dell Boosts Sales Outlook by $25 Billion
Dell shares jumped after the company boosted its annual sales forecast by $25 billion in a further sign of surging demand for servers to run artificial intelligence tasks. Revenue in the fiscal year ending in January 2027 will be about $192 billion, including $74 billion from the sale of AI servers, the Texas-based company said Tuesday in a statement. That’s up from an outlook in May of about $167 billion and topped analysts’ average projection of $173.8 billion, according to data compiled by B…
