Dell raises forecasts as demand surges for Nvidia powered AI servers
By
Isha Sharma
Dell Technologies raised its annual revenue and profit forecasts on Thursday, buoyed by demand for its AI-optimized servers that are powered by Nvidia’s powerful chips, sending its shares up about 3% in extended trading.
Dell’s infrastructure solutions group, which includes Nvidia-powered servers, surged 38% to a record revenue of $11.65 billion in the second quarter.