Dell Reveals $43B AI Server Backlog, $64B in Orders, Launches New Agentic AI
DELL has more than doubled off its 52-week low of $106.38 on elevated volume (1.9× avg).
Summary
Dell disclosed a massive $43 billion AI server backlog and $64.1 billion in AI orders at fiscal year-end 2026, alongside $25.2 billion in AI shipments. The company also provided guidance targeting roughly $50 billion in AI revenue for fiscal year 2027. This follows previous reports of strong AI demand driving record FY26 results and strong FY27 guidance, but these specific figures quantify the immense scale of Dell's AI business. Additionally, Dell launched its new Deskside Agentic AI solution with NVIDIA support, further expanding its product offerings. The substantial AI backlog and orders demonstrate robust, sustained demand for Dell's AI infrastructure, which is a primary growth driver. Q1 results are expected on May 28, which will provide the next update on their financial performance and AI segment.
At the time of this announcement, DELL was trading at $294.89 on NYSE in the Technology sector, with a market capitalization of approximately $192.6B. The 52-week trading range was $106.38 to $298.32. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Wiseek News.