JPMorgan lifts Dell fiscal 2027 outlook on AI momentum
JPMorgan analysts say Dell’s upgrade to its fiscal 2027 revenue outlook is supported by AI momentum and more resilient-than-feared PC demand. A $95 billion order backlog underpins an AI-server revenue outlook of $74 billion for fiscal year.
Dell Technologies' upgrade to its fiscal 2027 revenue outlook is driven by momentum in AI and more resilient-than-feared demand for its computers, JPMorgan analysts write.
Dell's order backlog of $95 billion supports a sharp rise in its AI-server revenue outlook to $74 billion for the fiscal year…