Dell Boosts Forecast on Robust AI Server Demand

By EC Assets · Published 2 September 2026

Dell Technologies Inc. has raised its annual sales forecast significantly, driven by strong demand for servers used in artificial intelligence applications. The company's shares gained following the revised outlook. This development signals a surge in demand for the specialized hardware required to power AI tasks. Dell increased its annual sales forecast by $25 billion. This new projection surpassed analysts' estimates. The company anticipates $6.50 in adjusted earnings per share for the fiscal third quarter. It expects $49.0 billion in revenue for the same period. This revenue projection implies 81% growth. Analysts polled by LSEG had anticipated $4.49 per share. Super Micro Computer, another company in the sector, also projected strong fiscal 2027 revenue. Super Micro Computer (SMCI) forecast revenue of $65 billion to $72 billion. This figure is above the $52.5 billion consensus estimate. Its shares rose more than 14% in morning trading. Following Dell's announcement, Wall Street analysts adjusted their outlooks. Morgan Stanley, Goldman Sachs, and Citigroup all raised their price targets for Dell. The buildout of artificial intelligence is characterized by its scale and spending growth. This differs from the development of railways and the internet. This article is intended for informational purposes only. It does not constitute investment advice.