New Delhi, Sept. 2 -- Shares of Dell Technologies Inc jumped 14% in intraday trading on Wednesday, 2 September, reaching $484 apiece, after the company reported record revenue and earnings per share for the second fiscal quarter.

The sentiment was further boosted after the Texas-based company raised its annual sales forecast, providing another sign of surging demand for servers used to run artificial intelligence workloads.

AI infrastructure companies have benefited from rising demand as technology firms and hyperscalers ramp up investments in data centres to support large language models and other AI applications. Peer Super Micro Computer also reported upbeat results last month.

Shares of other AI server makers, including Super Micro...