CNBC
29 May 2026, 13:45 UTC · 6h ago
Dell stock skyrockets 32%, heads for best day ever as AI server revenue soars
Source · https://www.cnbc.com/2026/05/29/dell-stock-earnings-ai-servers.html
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CNBC
29 May 2026, 13:45 UTC · 6h ago
Source · https://www.cnbc.com/2026/05/29/dell-stock-earnings-ai-servers.html
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Story key points
3 claims · impact-rated
Dell's AI server revenue grew 757% year-over-year to $16.1 billion. — Massive growth in high-margin AI infrastructure validates the scale of the AI build-out and directly benefits chip suppliers like Nvidia.
+0.90Dell reported adjusted earnings per share of $4.86, significantly beating the expected $2.94. — A substantial earnings beat suggests stronger profitability and operational efficiency than analysts had modeled.
+0.70Quarterly revenue increased nearly 88% year-over-year, the fastest pace since Dell returned to public markets in 2018. — Accelerating top-line growth for a legacy hardware giant signals a powerful shift in enterprise spending toward AI hardware.
+0.60Ticker attribution
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6 related stories
Reported record revenue growth and an earnings beat driven by massive AI server demand.
Mentioned as a provider of GPUs for the high-demand AI servers fueling Dell's growth.
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