Dell Technologies Q2 results tops estimates on record AI server revenue
Investing.com -- Dell Technologies reported Thursday second-quarter results that topped Wall Street estimates, driven by record revenue in its infrastructure solution business as strong demand for its artificial intelligence-optimized servers boosted performance.adjusted per-share earnings of $1.89 on revenue of $25.00 billion, beating analyst estimates for $1.68 per share and $24.
Infrastructure Solutions Group, which include AI-optimized servers and networking hardware, reported record revenue of $11.6 billion, up 38% year over year, with record servers and networking revenue of $7.7 billion, up 80% from a year earlier.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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