Breaking

Dell Raises Fiscal 2027 Revenue Outlook by $25 Billion on Stronger AI Server Demand

September 1, 2026 at 19:26 EDT

Infra & Chips
Sales & Business

Dell Technologies raised its fiscal 2027 sales forecast by $25 billion after posting a record quarter, citing accelerating demand for servers designed to run artificial intelligence workloads.

September 1, 2026 · Dell Technologies

Dell lifts FY2027 outlook by $25 billion

Record AI server orders and a $95 billion backlog prompted a second raise this year. Full-year sales guidance is now $192 billion, including $74 billion from AI-optimized servers.

Full-year revenue outlook

Dell raised its midpoint sales guide from $167 billion to $192 billion.

$167B

Prior outlook

$192B

Updated outlook

+$25 billion versus the May guide

AI-optimized server revenue

Fiscal 2027 AI server sales are expected to roughly triple from the prior year.

1×

Prior year

3×

FY27 guide · $74B

AI server forecast raised from $60 billion to $74 billion, up 200% year over year.

$47.0B

Q2 revenue, up 58% year over year

$60.9B

Q2 AI server orders, a quarterly record

$95B

AI backlog exiting the quarter

6,500+

Neocloud, sovereign, and enterprise customers

Demand

Orders are broadening beyond a few hyperscalers. Dell booked more than $130 billion of AI server orders in 12 months and says the customer count has surpassed 6,500.

Constraint

Operating cash flow fell 13% and inventories roughly doubled. Converting a $95 billion backlog into cash, after memory and component costs, remains the next test.

Continue reading

The rest of this article is for AI News Blitz readers. Choose an option below to keep reading.