TradingKey – Dell Technologies (NYSE: DELL) is still a leading vendor of artificial intelligence infrastructures, however, the initial release contained a few updates that needed to be corrected. Dell’s latest quarter was $43.8 billion, not $23.38 billion, and AI server bookings were $24.4 billion, not $12.1 billion. In addition, the company said that it had $16.1 billion of AI server revenues and $51.3 billion of AI server backlogs at the end of the quarter. Dell stock ended July 21 at $404.15, a 6% gain, before rebounded in this week’s chart.
Dell Q1 Revenue Jumped 88% to a Record $43.8 Billion
Dell posted record revenue of $43.8 billion for the first quarter of fiscal 2027, up 88% year over year. The growth reflected a massive rise in…
