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The Economic Times
The Economic Times
Technology

EXPLAINED: Dell raises annual forecasts as ai data center buildout fuels demand - The Real Truth

Dell Alphabet Amazon Super Micro Computer United States

Dell boosted its annual revenue and profit expectations on ​Thursday, showing data center ​expansion by clients is fueling demand for its ​AI-optimized servers that are powered by Nvidia's powerful chips.

US tech giants including Alphabet and Amazon plan to spend over $700 billion on AI infrastructure ‌this year, ⁠which would ⁠drive up demand for server and data center equipment from suppliers such ​as Dell and Super Micro Computer.

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