Could Dell Be the Next Magnificent Seven Stock?

Dell Technologies has transformed from a mature PC company into a primary beneficiary of AI infrastructure buildout, reporting 58% revenue growth and 203% earnings surge. With a $95 billion AI server backlog and raised fiscal 2027 guidance, Dell is growing at rates comparable to younger tech giants, though it still lacks the market cap and margins of Magnificent Seven members. HPE's similarly strong results confirm the broader AI infrastructure cycle remains robust.