Deutsche Telekom Shares Rise as Elliott Pushes Against T-Mobile Merger 
Qantas Near-Miss Raises Sydney Air Traffic Controller Fatigue Concerns 
Anthropic IPO Marketing Expected to Start in Mid-October 
Lynas Rare Earths Shares Rise After Takeover Talks Revealed 
Nvidia Eyes $2.5 Billion Investment in Thinking Machines Lab 
Tesla Cybercab Launch Puts Robotaxi Ambitions in Focus 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
Thomson Reuters C-Track Cyberattack Hits Courts Across U.S. and Canada 
PayPal Shares Sink as $50 Billion Takeover Bid Collapses 
Milei Threatens Falkland Oil Firms With Sanctions 
Huawei Launches Mate XT2 Foldable Phone in China 
Xiaomi Shares Jump on Europe EV Expansion Plan 
SEC Seeks ISS Client Voting Records in Proxy Adviser Probe 
Tesla Cybercab Rides Launch in Austin as NHTSA Reviews Rollout 
Faraday Future Delivers First Robots in Middle East, Plans September Launches 
Berkshire Hathaway Eyes Bigger Stakes in Japan’s Top Trading Houses 
Add as a preferred source on Google
Dell Technologies (NYSE: DELL) delivered stronger-than-expected fiscal Q1 2027 results on Thursday, fueled by surging demand for its AI-optimized servers. Following the earnings report, Dell’s Class C shares soared nearly 30% in after-hours trading as investors reacted positively to the company’s upgraded full-year revenue outlook and accelerating artificial intelligence business growth.
The technology giant reported quarterly revenue of $43.84 billion, significantly surpassing Wall Street expectations of $34.81 billion. Adjusted earnings came in at $4.86 per share, far above analyst estimates of $2.88 per share.
A major growth driver was Dell’s Infrastructure Solutions Group (ISG), which includes its booming AI server business. Revenue from AI-optimized servers reached $16.1 billion during the quarter, representing an impressive 757% increase year-over-year and a 79% rise from the previous quarter.
Dell has rapidly expanded its position in the AI infrastructure market since the rise of generative AI technologies in late 2022. The company works closely with Nvidia to deliver AI-focused hardware, software, and enterprise solutions for large-scale data centers and advanced AI workloads.
Chief Operating Officer Jeff Clarke said Dell secured $24.4 billion in AI orders during the quarter and raised its fiscal 2027 AI server revenue target to $60 billion. The company’s AI server backlog also increased to $51.3 billion, up from $43 billion in the previous quarter.
Meanwhile, Dell’s Client Solutions Group (CSG), which includes its PC business, generated $14.6 billion in revenue, up 17% year-over-year despite continued pressure from high memory chip prices and supply challenges in the global PC market.
Looking ahead, Dell expects second-quarter revenue between $44 billion and $45 billion, with adjusted earnings projected at $4.80 per share. The company also lifted its full-year fiscal 2027 revenue guidance to a range of $165 billion to $169 billion, well above analyst expectations of $143.9 billion.
