GoKawiilDell shares jump 9% as AI server demand drives raised fiscal 2027 outlook
Dell Technologies reported fiscal second-quarter revenue of $46.97 billion and adjusted earnings of $7.04 per share, both well above analyst expectations, driven by strong AI server sales. The company raised its full-year guidance to $25.50 in adjusted earnings per share on $192 billion in revenue, up sharply from earlier projections of $17.90 per share and $165-169 billion.
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The upgrade signals that enterprise spending on AI infrastructure remains robust even as component costs rise, with Dell passing along price increases to customers without denting demand. The results reinforce Dell's position as a proxy stock for AI infrastructure investment, a status that has already fueled a massive rally in its shares this year.
- Dell's fiscal Q2 revenue grew 58% year-over-year to $46.97 billion, beating all analyst estimates.
- Full-year fiscal 2027 guidance was raised significantly, now projecting $192 billion in revenue versus prior estimates near $165-169 billion.
- Rising input costs are being offset by price increases, and Dell shares have surged 236% year to date amid AI infrastructure demand.
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Published there as: “Dell surges 9% after lifting fiscal 2027 forecast on AI server strength”
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