Dell Technologies Raises Outlook as AI Server Shipments Increase

Dell Technologies raised its full-year outlook as it expects more AI shipments.

The Round Rock, Texas, company on Tuesday said it expects full-year revenue to be $111.2 billion to $112.2 billion, up from a prior range of $105 billion to $109 billion. It raised its adjusted earnings outlook to $9.92 a share at the midpoint, from $9.55 a share.