Dell's AI server orders are strong - revenue exceeds financial estimates.

August 30, 2024 5:54 JST (partial excerpt).
Revenue for the May-July period increased by 9% to $25 billion - exceeding the market's $24.5 billion estimate.
The order amount for AI servers increased to $3.2 billion, and the stock price temporarily rose by about 8%.
In the financial results for May to July (Q2) announced by Dell Technologies on the 29th, revenue exceeded market expectations due to an increase in sales of servers for artificial intelligence (AI) operations. The stock price temporarily rose by about 8% in after-hours trading.
According to the announcement, the order amount for servers optimized for AI reached $3.2 billion (approximately 460 billion yen) in the May-July period, an increase from the previous quarter's $2.6 billion. Jeff Clarke, Chief Operating Officer (COO), stated in the announcement that the order backlog for the same equipment is $3.8 billion, with transactions expected to be 'several times' that amount.