Reported about 1 month ago
Dell Technologies has raised its annual revenue and profit forecasts due to a surge in demand for its AI-optimized servers powered by Nvidia chips, with its infrastructure solutions group reporting record revenues. The company now anticipates annual revenue between $95.5 billion and $98.5 billion, an uptick from previous estimates. Despite struggles in its PC business, Dell's AI server demand rose 23%, supported by growing government engagements in AI development.
Source: YAHOO