> Dell Technologies Inc. gave a full-year profit outlook that topped estimates and said it had booked large deals for AI servers.
> Earnings, excluding some items, will be about $9.30 a share on sales of $101 billion to $105 billion in the fiscal year ending in January 2026, the Texas-based company said Thursday in a statement. Analysts, on average, projected profit of $9.24 a share on revenue of $103 billion.
> The need for computing to run AI tools has led to a boom for makers of high-powered servers like Dell, Super Micro Computer Inc. and Hewlett Packard Enterprise Co. Dell’s backlog for AI servers jumped to $9 billion after the end of the fourth quarter after deals with Elon Musk’s xAI and other customers, Chief Operating Officer Jeff Clarke said in the statement.
> For the full year, Dell expects $15 billion in revenue from AI servers. That’s roughly a 50% jump over the $9.8 billion of AI servers it shipped in the fiscal year that ended in January 2025.
