Dell stock surges 17.5% to three-month high on strong forecast for AI server revenue to more than double by FY27

Shares of Dell Technologies jumped 17.5% on Friday (February 27) after the company projected that revenue from its artificial intelligence (AI) server business will more than double in fiscal 2027.

The stock climbed to $142.31, a three-month high, putting it on track for its biggest one-day gain in nearly two years.

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