US EditionDell Lifts Annual Forecasts on AI Server Sales Boom
Dell Technologies raised its fiscal 2026 revenue forecast to $107 billion, driven by AI server shipments projected to reach $20 billion, doubling last year's sales, despite softness in PC and storage segments.
- On August 28, 2025, Dell Technologies Inc. reported Q2 FY2026 results beating revenue and EPS estimates and raised full-year guidance to $107 billion revenue and $9.55 non-GAAP EPS.
- Rising AI demand pushed the Infrastructure Solutions Group to record sales, with Servers and Networking revenue reaching $12.9 billion, up 69%, and shipments exceeding $10 billion in the first half, planning $20 billion for fiscal 2026.
- Segment data reveal storage business revenue fell 3% to $3.86 billion while client solutions group reached $12.5 billion and consumer PC sales declined 7%.
- Investors reacted by sending shares lower after-hours as Dell's Q3 EPS guidance of $2.45 disappointed estimates despite $2.5 billion in adjusted free cash flow and $1.3 billion returned via buybacks and dividends.
- With Microsoft ending Windows 10 support in October, about half of PCs still run Windows 10, implying many PC users may need replacement soon amid back-to-school sales.
Insights by Ground AI
Does this summary seem wrong?
12 Articles
12 Articles
Dell Raises Annual Forecasts on Strong Demand for AI Servers
Dell Technologies Inc. boosted its annual outlook and posted quarterly sales and profit that topped analysts’ estimates, building on continued strong demand for artificial intelligence servers that power an expanding fleet of data centers.
·United States
Read Full Article
Dell’s AI Server Boom Powers Record Earnings and a Net Zero Push
Dell Technologies is riding two big waves: rising demand for AI servers and a strong push for sustainability. Recently, the company announced record second-quarter earnings and raised its revenue forecast for fiscal 2026. AI systems are now key to its growth and climate goals. Dell’s AI Servers Drive a Big Revenue Jump In the second quarter of fiscal 2026, Dell saw rapid growth in its AI sector. Revenue reached a record $29.8 billion, up 19% fro…
Coverage Details
Total News Sources12
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
Factuality
To view factuality data please Upgrade to Premium
