Dell's AI Servers are Booming!

Okay, so get this, Dell, yeah, like the computer guys, just told everyone on Thursday that they think they're gonna make more money this year than they first thought. This is all because people REALLY want their special servers that do all that AI stuff, especially since they use those super powerful chips from Nvidia. This news was so good that Dell's stock went up by 10% after the market closed. Pretty wild, right?

Companies kinda like Dell and another one called Super Micro Computer have been doing well with all this demand for these AI servers. But, and there's always a but, these things cost a lot to make, and everyone's trying to sell them, so it's tough competition. Dell's main guy, Jeff Clarke, said they got 12.1 billion DOLLARS in orders just this quarter for AI stuff! That's actually more than they shipped in their whole last financial year. They've got a crazy 14.4 billion dollars of orders they still need to fill. That's a lot of servers, tbh.

And hey, earlier this week, the U.S. government's energy department said they're building a new supercomputer, kinda like a super-duper powerful computer, and they're using Dell and Nvidia tech for it. It's gonna be called Doudna and it's for doing some seriously complicated computer work.

So, because of all this, Dell now thinks they'll make about $9.40 per share this year, which is a tiny bit more than the $9.30 they thought before. They're keeping their idea of how much money they'll make this year the same overall though. For the next three months, they think they'll make between $28.5 billion and $29.5 billion. That's actually way more than what those financial expert people thought, they figured it'd be closer to $25.05 billion. Dell also expects to make about $2.25 per share next quarter, again, more than the $2.09 the experts guessed.

In the first three months of the year, Dell actually brought in a little more money than expected, $23.38 billion instead of $23.14 billion. The part of their business that sells servers and storage and stuff went up by 12%, making $10.32 billion. And the part that sells laptops and computers went up by 5% to $12.51 billion. But, when you look at just the profit per share for that first quarter, they made $1.55, which was a little less than the $1.69 those same experts expected. So, a bit of a mix there, but overall, things are looking good for Dell, right? Especially with all that AI server excitement!