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DELL SHARES AT THREE-MONTH HIGHS ON FORECAST IT WILL DOUBLE AI SERVER REVENUE

  • NEWS Desk Global
  • 42 minutes ago
  • 1 min read

Shares of Dell Technologies jumped 17.5% on Friday after the company forecast revenue from its AI server business will double in fiscal 2027, underscoring surging demand for infrastructure catering to artificial intelligence.

Investors also cheered the PC maker's plans for a 20% hike to cash dividends and an additional $10 billion share repurchase program.


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