AI boom drives Dell's quarterly revenue up 88% to $43.8 billion

Dell Technologies reported strong quarterly results driven by artificial intelligence demand, with revenue surging 88% year-over-year to $43.8 billion. The company also raised its full-year revenue forecast to between $165 and $169 billion.

Dell Technologies has reported a dramatic jump in quarterly revenue, with sales climbing 88% compared to the same period last year to reach $43.8 billion. The surge is being attributed largely to growing enterprise demand for AI infrastructure, including servers and storage systems tailored for artificial intelligence workloads.

The results sent Dell's stock on a wild ride in after-hours trading, reflecting investor excitement — and volatility — around the AI-driven hardware cycle. Technology stocks with direct exposure to AI spending have been among the most closely watched in global markets, and Dell has positioned itself as a major beneficiary of that trend.

Building on the strong quarterly performance, Dell raised its full-year revenue guidance to a range of $165 billion to $169 billion. The upgraded forecast signals that company leadership expects AI-related demand to remain robust throughout the fiscal year, reinforcing the narrative that enterprise investment in AI infrastructure is still in its early stages.