Technology
Dell raises full-year AI server guidance to $20 billion after Q2 record on AI demand
Dell Technologies reported Q2 fiscal 2026 revenue of $29.8 billion, up 19% year on year, with Infrastructure Solutions Group revenue up 44% to a record $16.8 billion and Servers and Networking revenue up 69% on AI demand. Operating chief Jeff Clarke said Dell has now shipped $10 billion of AI solutions in the first half of FY26 and raised its full-year AI server shipment guidance to $20 billion, after-hours trading pushed the stock up more than 10% as the company also lifted its annual outlook.