Dell Raises Estimates for Next Four Years on Booming AI Demand

Dell Technologies Inc. has revised its growth estimates significantly upward, citing strong demand for its artificial intelligence (AI) products. The company now expects sales and profit to nearly double over the next two years, and projects this trend to continue through at least the 2030 fiscal year. The surge in AI-related business has been a major driver behind Dell's optimistic outlook. The company sees continued strong demand for its AI-powered products and services, which are being adopted by a wide range of industries. This growth in AI is expected to be a long-term trend, with Dell anticipating it will extend well into the next decade. While the details of the revised projections were not provided, the overall message is clear: Dell is very bullish on the future of its AI-focused business and expects it to be a significant contributor to the company's financial performance in the years ahead.