Dell Reports Record Results: AI Momentum Remains Robust

Dell Technologies reported record revenue of $47.0 billion, up 58% YoY, driven by strong AI infrastructure demand. The company raised FY27 revenue guidance by $25 billion to $192 billion. AI server orders hit a record $60.9 billion with a $95 billion backlog, providing strong visibility. Adjusted EPS of $7.04 exceeded consensus estimates by 40%, and the stock maintains a Zacks Rank #1 (Strong Buy) rating.