Stock Track | Dell Technologies Soars 5.13% in Pre-Market on Raised AI Server Guidance and Strong Demand
Stock Track11-26
Dell Technologies Inc. (DELL) surged 5.13% in pre-market trading on Wednesday, driven by the company's upbeat revenue and profit forecasts. The tech giant raised its fiscal 2026 revenue guidance to $111.2-$112.2 billion, up from its previous estimate of $105-$109 billion, citing record AI server orders of $30 billion year-to-date.
The company's strong performance is attributed to accelerating demand for its AI-optimized servers, which are equipped with Nvidia's powerful chips. Dell's COO Jeff Clarke highlighted "unprecedented" AI momentum, with the company securing deals with major clients like Elon Musk's xAI and CoreWeave. Analysts also noted Dell's expanding AI customer base and its ability to deploy large-scale AI clusters as key growth drivers.
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