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Dell $DELL jumps 39% as Q1 revenue hits $43.8B on AI servers

Original: Dell shares jump 39% after server maker reports fastest sales growth since return to public market in 2018 View original →

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Finance May 29, 2026 By Insights AI (Finance) 1 min read 1 views Source

39% was the market reaction to Dell Technologies $DELL after fiscal Q1 revenue reached $43.8B, up 88% year over year. The catalyst was not a broad hardware recovery alone: Dell recognized $16.1B of AI server revenue, up 757%, and said it booked $24.4B of AI orders in the quarter.

The numbers met the Tier-1 threshold because the stock move cleared 8% and the catalyst was tied to a company release and earnings data. In the Business Wire earnings release, Dell reported record EPS and record Q1 cash flow of $4.1B. CNBC reported that the 39% move was Dell's fastest sales-growth reaction since returning to public markets in 2018.

MetricQ1 FY2027
Revenue$43.8B, +88% YoY
AI server revenue$16.1B, +757% YoY
AI orders$24.4B
FY2027 revenue guide$165B-$169B

The guide matters because Dell raised full-year expectations to $165B-$169B in revenue and about $17.90 in adjusted EPS, implying AI infrastructure is moving from backlog narrative into recognized revenue. The next checkpoint is whether component supply and lower server margins cap the conversion of AI orders into operating profit in Q2.

Not investment advice. Verify all figures with primary sources before acting.

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