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Nvidia (NVDA) Soars as Dell Raises AI Server Revenue Forecast | Reuters | Login to see the signal | |
Dell lifts annual forecasts on AI server sales boomSummaryDell raised revenue and profit forecasts, citing stronger demand for AI-optimized servers powered by Nvidia chips, lifting AI server revenue targets and signaling higher GPU demand despite margin pressures and a mixed quarterly outlook. |
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Nvidia (NVDA) Soars as Dell Raises Forecasts on Surging AI Server Demand | ReutersRefinitiv | Login to see the signal | |
Dell lifts annual forecasts on AI server sales boomSummaryDell raised fiscal revenue and profit forecasts as demand for AI-optimized servers using Nvidia chips surged; Q2 revenue beat estimates and Dell lifted its AI server revenue target to $20B, highlighting strength in enterprise AI hardware and PC refresh tailwinds. |
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