{"id":106747,"date":"2025-10-07T13:04:08","date_gmt":"2025-10-07T13:04:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/106747\/"},"modified":"2025-10-07T13:04:08","modified_gmt":"2025-10-07T13:04:08","slug":"dell-raises-long-term-annual-revenue-profit-growth-forecasts-on-strong-ai-server-demand","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/106747\/","title":{"rendered":"Dell raises long-term annual revenue, profit growth forecasts on strong AI server demand"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) -Dell (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/DELL\" data-ylk=\"slk:DELL;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">DELL<\/a>) raised its long-term revenue and profit growth forecasts on Tuesday, signaling robust demand for its servers that power <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:artificial intelligence;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> workloads, sending its shares up nearly 7% in premarket trading.<\/p>\n<p class=\"yf-1090901\">Insatiable demand for computing power needed to train and run generative AI products such as ChatGPT has driven strong demand for companies including Dell and Super Micro Computer.<\/p>\n<p class=\"yf-1090901\">Dell now expects compounded annual revenue growth between 7% and 9%, up from its prior forecast of 3% to 4%.<\/p>\n<p class=\"yf-1090901\">The company also raised its expectations for annual growth in adjusted earnings per share to at least 15%, nearly double its previous target of 8%.<\/p>\n<p class=\"yf-1090901\">&#8220;Customers are hungry for AI and the compute, storage and networking we provide to deploy intelligence at scale,&#8221; CEO Michael Dell said in a statement.<\/p>\n<p class=\"yf-1090901\">(Reporting by Jaspreet Singh in Bengaluru; Editing by Tasim Zahid)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -Dell (DELL) raised its long-term revenue and profit growth forecasts on Tuesday, signaling robust demand for its&hellip;\n","protected":false},"author":2,"featured_media":106748,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[291,15743,289,290,2078,3002,18,66874,19,66875,17,14609,82],"class_list":{"0":"post-106747","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-annual-growth","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-computing-power","13":"tag-dell","14":"tag-eire","15":"tag-growth-forecasts","16":"tag-ie","17":"tag-insatiable-demand","18":"tag-ireland","19":"tag-revenue-growth","20":"tag-technology"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/106747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=106747"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/106747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/106748"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=106747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=106747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=106747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}