{"id":588181,"date":"2026-09-02T17:56:11","date_gmt":"2026-09-02T17:56:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/588181\/"},"modified":"2026-09-02T17:56:11","modified_gmt":"2026-09-02T17:56:11","slug":"dell-stock-surges-on-record-orders-for-ai-servers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/588181\/","title":{"rendered":"Dell stock surges on record orders for AI servers"},"content":{"rendered":"\n

What happened: Dell Technologies (DELL<\/a>) stock surged as much as 10% before trimming gains on Wednesday. <\/p>\n

What’s behind the move: The maker of laptops and servers raised guidance and posted record revenue and adjusted earnings for its fiscal 2027 second quarter amid a booming AI server business. <\/p>\n

The company said it booked a record $60.9 billion in AI server orders and exited the quarter with a record $95 billion backlog. <\/p>\n

Dell Technologies said it also saw growth in its traditional servers, networking, and storage businesses. <\/p>\n

The company posted record revenue<\/a> of $47 billion, up 58% year over year. Earnings per share came in at $6.34, up 273% from a year ago. Adjusted earnings rose 203% to $7.04 per share. <\/p>\n

“The momentum we’ve seen continues, and we are raising our expectations across every line of business,” said CFO David Kennedy during the company’s earnings call. <\/p>\n

Dell raised its full-year fiscal year 2027 revenue outlook by $25 billion to $192 billion, up nearly 70% year over year. <\/p>\n

What else you need to know: Dell has seen its orders balloon as enterprise customers adopt artificial intelligence and use AI servers locally to run agentic AI queries. <\/p>\n

Dell stock is up more than 230% year to date. Peer Hewlett Packard Enterprise (HPE<\/a>), which also moved up 110% since the start of the year, jumped on Wednesday. <\/p>\n

Ines Ferre is a senior business reporter for Yahoo Finance. <\/p>\n

Click here for the latest technology news that will impact the stock market<\/a> <\/p>\n

Read the latest financial and business news from Yahoo Finance<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"What happened: Dell Technologies (DELL) stock surged as much as 10% before trimming gains on Wednesday. What’s behind…\n","protected":false},"author":2,"featured_media":588182,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,19934,42667,111,139,69,145,6923],"class_list":["post-588181","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-dell","tag-dell-technologies","tag-new-zealand","tag-newzealand","tag-nz","tag-technology","tag-what"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/588181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=588181"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/588181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/588182"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=588181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=588181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=588181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}