💨 Abstract

Dell Technologies forecasts annual profit above Wall Street estimates for FY26, citing strong demand for its AI servers. The company's AI server backlog stands at approximately $9 billion. The forecast comes amidst tough competition from rival PC makers and potential price increases due to US trade tariffs on China. Dell's revenue for Q4 ended January 31 was $23.93 billion, missing estimates.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖