Dell shares jump as AI server demand boosts results
- Shares of Dell Technologies rose 6% in premarket trading on Friday, after robust demand for its artificial intelligence-powered servers propelled the company to raise its full-year earnings and revenue forecasts.
"Dell's beat was entirely due to AI servers, with storage and PC revenues both coming in below consensus," Bernstein analysts wrote in a note. Revenue from Dell's infrastructure solution group, which includes the sale of servers, rose 38% over the year earlier in the second quarter. Demand for AI-optimized servers, including the flagship PowerEdge XE9680, rose 23% sequentially to $3.2 billion, the company said on Thursday.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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