Dell raised its annual revenue guidance by $25 billion to about $192 billion for
the fiscal year ending January 2027, citing strong demand for servers used in AI
workloads. The company expects AI server sales of roughly $74 billion — about
three times last fiscal year — topping its May guidance of about $167 billion
and analysts' average of $173.8 billion. This is Dell's fifth consecutive
quarter raising full-year revenue guidance and beating market expectations. The
company said it is winning increased orders for servers equipped with NVIDIA AI
chips while traditional server demand is also rising. Dell shares were up nearly
10% in US after-hours trading.
