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Dell shares jump 7% after record revenue and major outlook upgrade

Dell reported record revenue of $47 billion and earnings that demolished estimates. Management added $25 billion to its outlook, citing ongoing demand tied to AI server buildout.

DELL

Revenue reached a record $47 billion, earnings demolished estimates and management added $25 billion to its outlook.

Apparently, the AI buildout still needs quite a lot of boxes.🚀 Dell delivers a substantial beat🤖 AI orders rewrite the outlook💻 PCs recover, margins face scrutiny