Dell shares rise sharply after the company reports a surge in AI server demand, including record fiscal Q2 orders and a large resulting backlog. Dell books $60.9 billion in AI server orders and ends the quarter with a $95 billion AI server backlog, alongside record quarterly revenue reported at about $47 billion.
Dell also lifts its full-year FY27 revenue outlook by $25 billion to $192 billion, citing accelerating AI momentum and expanding opportunities across its portfolio. Outlet coverage highlights that the company’s results show strong growth rates, including year-over-year increases in revenue and earnings per share. CNBC adds that RBC initiation and related coverage point to Dell’s AI server sales strength, including a figure of $16.4 billion of AI servers sold in the second quarter.
Across outlets, the main emphasis is on demand strength and the forecast increase. Some reports frame the move as a stock catalyst linked to sustained AI infrastructure spending, while others focus more on financial performance metrics and the size of the backlog. Several note that peers, including Hewlett Packard Enterprise, also gain after the news.
