Menu

Post image 1
Post image 2
Post image 3
1 / 3
0

Dell Stock Surges 32% in One Day. Big Revenue From AI Servers Stuns Analysts - Slashdot

Slashdot·EditorDavid·2 days ago
#6i8W6Rb7
#slashdot#dell#revenue#quarter#year#beat
Reading 0:00
15s threshold

Dell's stock skyrocketed 32.76% on Friday, " its best day ever ," reports CNBC, after Dell "reported its fastest pace for revenue growth for any period since returning to the public market in 2018..." "Shares are now up 234% in 2026." 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 increasing 757% from a year earlier to $16.1 billion... Ben Reitzes, head of technology research at [research/investment firm] Melius, said he'd "never seen anything like" Dell's latest quarter.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More