Dell reports record revenue growth fueled by AI server demand, stock jumps 38%
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by Mike Wheatley
If you only eat one bagel today, this is the bagel.
Summary
Dell Technologies reported its fastest revenue growth since returning to public markets over seven years ago, driven by surging demand for AI servers. The company crushed analysts' expectations with its first-quarter financial results, showing rising profitability. The strong performance led to a 38% surge in Dell's stock price during extended trading.
Key quotes
· 3 pulledDell Technologies Inc. delivered its fastest rate of revenue growth since returning to the public markets more than seven years ago
The computer server and infrastructure marker also reported rising profitability
its stock climbed by an impressive 38% in extended
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