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Dell is raising its full-year revenue outlook by $25 billion on AI server demand

The company now expects $192 billion in annual revenue and $74 billion from AI server sales, up from prior guidance of $167 billion

Brandon Bell / Getty Images

Dell $DELL Technologies posted record revenue of $47 billion in its fiscal second quarter, beating analyst expectations Tuesday and prompting the company to raise its full-year outlook for the second time this year.

The fiscal second quarter, which closed on July 31, saw revenue climb 58% compared with the prior year to $46.97 billion. Adjusted earnings per share came in at $7.04, up 203% from the same period a year........

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