"Dell's Stock Surges on Strong Demand for AI Servers"

Dell Technologies forecasts upbeat fiscal 2025 revenue and profit above Wall Street estimates, driven by strong demand for its AI servers equipped with Nvidia's GPUs and a recovering PC market. The company's shares surged over 16% in after-hours trading, while rival Hewlett Packard Enterprise's shares dropped after forecasting quarterly revenue below expectations. Dell expects revenue between $91 billion to $95 billion for the current fiscal year, with a strong AI-optimized server momentum and bullish outlook on the PC market's refresh cycle.