Dell bets big on an AI infrastructure payoff—new four-year revenue forecast doubles prior guidance

Share via:



Dell has nearly doubled its long-term growth outlook on the back of surging demand for AI servers, raising revenue and earnings projections through its fiscal 2030 as it leans into the data center build-out.

Following an analyst meeting on October 7, the company said it now expects annual revenue growth of 7-9%, up from a prior range of 3-4%. Adjusted earnings per share are forecast to grow at least 15% annually over the same period, nearly twice the company’s earlier estimate of 8%. Dell’s stock rose…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Dell bets big on an AI infrastructure payoff—new four-year revenue forecast doubles prior guidance



Dell has nearly doubled its long-term growth outlook on the back of surging demand for AI servers, raising revenue and earnings projections through its fiscal 2030 as it leans into the data center build-out.

Following an analyst meeting on October 7, the company said it now expects annual revenue growth of 7-9%, up from a prior range of 3-4%. Adjusted earnings per share are forecast to grow at least 15% annually over the same period, nearly twice the company’s earlier estimate of 8%. Dell’s stock rose…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Anand Mahindra of Mahindra Group on AI

Let’s take a look at what Anand G....

Lava Blaze Duo 3 Launched in India: Price and...

Lava Blaze Duo 3, a new smartphone from...

iPhone 18 Display Leak Points to Apple’s Biggest Design...

A reported iPhone 18 display leak suggests Apple is...

Popular

melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal melhor-iptv-portugal