Dell Raises Fiscal 2027 Forecast Amid Strong AI Server Revenue Growth
Dell Technologies reported stronger-than-expected quarterly results, with revenue surpassing all analyst estimates and a significant increase in adjusted earnings per share. The company's fiscal second-quarter net income rose sharply year-over-year due to strong performance across its Infrastructure Solutions Group, particularly from AI server sales. The computer maker raised its full-year 2027 guidance for both revenue and adjusted earnings per share, projecting $192 billion in total revenue and $25.50 in EPS—well above previous expectations. This follows a revised forecast just six months ago that anticipated only doubling AI server sales; now Dell expects them to triple. Dell's Infrastructure Solutions Group saw an 89% year-over-year increase, with over half of its segment revenue coming from AI-optimized servers. The company also secured major contracts, including a $9.7 billion deal for U.S. military software and a $1.6 billion hardware purchase agreement with Iren.
