Dell shares surge after AI server forecast points to $50 billion haul in fiscal 2027
Dell Technologies shares surged 17.5% on Friday as the company projected its AI server revenue—those specialized machines powering AI model training and execution—will double by fiscal 2027. The forecast drops into a market still trading the AI build-out nearly one day at a time. Hardware stocks aren't getting graded on PC cycles so much as their ability to deliver data-center hardware—and do it without cratering margins.