India, Sept. 2 -- Dell and Nvidia are pushing back against the idea that the AI boom is slowing down. Their latest results and, more importantly, their long-term revenue forecasts show that companies are still spending heavily on AI infrastructure. Both tech companies have recently delivered numbers that challenge the bearish view that AI demand may be close to its peak.

Dell gave investors a major surprise with its future revenue outlook. Dell's stock jumped nearly 10% in premarket trading on Wednesday after the company gave its fiscal 2027 revenue guidance. The guidance was about $25 billion higher than Wall Street analysts had expected, according to Yahoo Finance.

The size of Dell's forecast shows just how big the AI infrastructure b...