Dell Shares Surge Following AI-Driven Revenue Growth
Dell Technologies reported a blockbuster first quarter, with total revenue climbing nearly 88% year-over-year. The surge was driven primarily by AI infrastructure, as AI server revenue jumped 757% from the previous year to $16.1 billion. This performance, coupled with a significant guidance raise and adjusted EPS of $4.86, triggered the company's best ever trading day, with shares climbing between 29% and 40% in some sessions. Market analysts and commentators, including Jim Cramer, suggest this growth signals Dell's transition into a dominant AI infrastructure play. Beyond the server boom, the company's momentum was bolstered by a massive Pentagon contract. While some investors were caught off guard by the scale of the results, several analysts argue the stock remains undervalued despite…
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Dell, which reported first-quarter earnings after the bell on Thursday, saw a flood of artificial intelligence-related demand for its servers, which contain graphics processing units from companies like Nvidia. Quarterly revenue soared nearly 88% year over year, with AI server revenue alone ...
Dell Technologies (DELL) stock is up 30% in Friday trading after reporting first quarter results yesterday that topped earnings estimates, including AI server revenue of $60 billion. TECHnalysis Research, LLC president Bob O'Donnell comments on what investors may have missed heading into this ...
Dell's AI-Fueled Surge May Be Far From Over, Analysts Argue - Dell Technologies (NYSE:DELL) - Benzinga
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes. ... Dell Technologies Inc. (NYSE:DELL) drew a fresh wave of Wall Street optimism after its blockbuster earnings report, with analysts arguing the stock remains undervalued despite a nearly 29% surge as AI demand...
By sticking with momentum leaders ... thanks to earnings, not simply multiple expansion. Take a look at server maker Dell Technologies , the latest company to report a blowout quarter on the back of the artificial intelligence spending boom....
CNBC's Jim Cramer said next week ... quarter from Dell Technologies added to the enthusiasm around the data center trade. "When we look back, I wonder if we'll say this was that moment when Dell simply took over the computer space" the "Mad Money" host said Friday, calling the company's latest earnings one of the biggest "blowouts" he can ...
Dell Technologies reported a blowout quarter driven by AI infrastructure demand, sending its shares sharply higher. According to CNBC, quarterly revenue rose nearly **88% year over year**, with **AI server revenue up 757%** from a year earlier to **$16.1 billion**, and adjusted EPS of **$4.86** ...
Brian Sozzi is Yahoo Finance's Executive Editor and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email brian.sozzi@yahoofinance.com. Click here for in-depth analysis of the latest stock market news and events ...
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