Dell Technologies Inc. forecast fiscal-year 2027 revenue between $165 billion and $169 billion [1].
The projection highlights the accelerating corporate shift toward artificial intelligence infrastructure. As businesses integrate AI, the demand for specialized hardware has shifted from experimental pilots to large-scale deployment.
This upgraded outlook follows the company's first-quarter earnings release for the 2027 fiscal year [2]. A primary driver of the growth is the AI-server revenue outlook, which has reached a midpoint of $60 billion [1].
Jeffrey Clarke, Dell's COO and Vice Chairman, said the results represented a great start to the fiscal year. He said the growth was due to demand that exceeded company expectations across all geographies and lines of business [3].
Clarke said customers are moving decisively to secure supply across a broad range of IT needs [3]. This surge in demand spans all business sectors, pushing the company to scale its AI-optimized server production.
The financial markets responded to the news. Reports on the share price increase vary, with Yahoo Finance reporting a 33 percent rise [4] and CRN reporting a surge of 39 percent [5]. Following this movement, Yahoo Finance listed the share price at $424 [4].
Dell is headquartered in Round Rock, Texas, and continues to position itself as a primary provider of the physical layer required for AI computing [6].
“"What a great start to FY '27."”
Dell's aggressive revenue targets signal that the AI boom is moving beyond chip designers like Nvidia and into the hardware integration layer. By forecasting $60 billion in AI-server revenue, Dell is betting that enterprises will continue to invest heavily in on-premises AI infrastructure rather than relying solely on public cloud providers.
