India, Sept. 2 -- Shares of Dell Technologies Inc. were gaining around 9 percent in the pre-market activity on the NYSE after the tech major issued positive third-quarter outlook and raisesd fiscal 2027 view, after reporting strong growth in its second quarter.
The company said its AI server business booked a record $60.9 billion in orders, recognized $16.4 billion in revenue and exited the quarter with a record $95 billion backlog.
David Kennedy, chief financial officer,DELL, stated, "Our advantages reinforce one another, and throughout the quarter we used these strengths to drive growth, share gains, profitability and cash generation. With AI momentum accelerating and our opportunity expanding across the portfolio, we're raising our ful...