Dell Boosts Revenue and Profit Forecasts Amid Rising AI Server Demand

Reported 1 day ago

Dell has nearly doubled its annual profit growth target for the next four years to at least 15%, driven by strong demand for AI servers. The company expects annual revenue growth between 7% and 9%, up from a previous estimate of 3% to 4%. This surge in expectations reflects Dell's position as a key player in the AI server market and its ability to meet the increasing demand for computing power.

Source: YAHOO

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