Dell Soars on Record Revenue, Broadcom Boosts AI Revenue Targets
Dell Technologies jumped 16% after reporting quarterly revenue of $47 billion, a 58% year-over-year increase, with earnings per share tripling to $7.04. Broadcom raised its fiscal 2027 AI revenue forecast to roughly $115 billion and introduced a $230 billion target for fiscal 2028. The strong results helped lift Wall Street sentiment.
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Dell's rally followed
Expanded detail and Context are AI-generated analysis; the linked article remains the authoritative source.
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Original headline: “Broadcom Redraws the AI Silicon Runway While Dell's 16% Sprint Pulls Wall Street Off the Mat.” Browse more stories.