Dell Technologies Inc. gave a profit outlook for the year that exceeded estimates and said it had seen a significant increase in orders for servers to run AI networks.Earnings, excluding some items, ...

The maker of computers and software on Thursday said it now expects adjusted earnings per share of $9.40, up from its previous outlook for $9.30.

Dell raised its profit forecast thanks to strong AI server demand. The company made $12.1 billion in AI server orders last quarter. Dell partnered with Nvidia to build a supercomputer for the U.S.

Dell Technologies reported fiscal first-quarter earnings that missed expectations, but offered a stronger-than-expected forecast for the current quarter.

May 30 - Shares of Dell Technologies (NYSE:DELL) climbed about 2% in Friday premarket trading after the company lifted its full-year profit outlook and ... demand for AI systems, including $7 ...

which was a 10 cent increase from the company's prior outlook. Dell is one of Nvidia's primary vendors that builds systems around the chipmaker's AI graphics processing units. Dell said on ...