Dell forecast fiscal 2027 revenue above Wall Street estimates on Thursday, betting on growing demand for its artificial intelligence-optimized servers. Big Tech firms, such as Alphabet, Microsoft, Amazon and Meta, are expected to spend at least $630 billion to build AI infrastructure this year, which would boost demand for vendors like Dell and rival Super Micro Computer. U.S. trade regulations and surging memory chip costs due to the AI infrastructure build out has forced companies like Dell and HP Inc to implement price increases, which are helping them offset cost pressures.
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