AI boosts Dell demand
Dell Inc (NASDAQ:DELL) surged over 9% in early premarket deals to $6.13, boosted by second-quarter revenue and earnings easily exceeding expectations.
For the quarter, Dell posted revenue of $22.9 billion – down 13% year-over-year but well above the Street expectations of $20.9 billion. Adjusted earnings were $1.74, topping expectations of $1.14.
Dell benefitted from a stronger demand environment for artificial intelligence-optimized servers, according to COO…