Dell Technologies Inc. (DELL)

The company now

Dell Technologies reported record revenue of $47.0 billion for the second quarter of fiscal 2027, the three months to 31 July 2026, up 58 percent from a year earlier 1. Net income rose to $4.1 billion from $1.2 billion 1.

The engine was the AI server business, machines built around graphics chips that train and run AI models 12. Dell booked a record $60.9 billion of AI server orders in the quarter and ended it with a $95 billion backlog of orders not yet shipped 1.

Demand for AI hardware is outrunning what memory makers can build, so the cost of memory chips has climbed steeply 2. Dell answered with higher prices, and its gross margin, the share of revenue left after production costs, rose to 20.9 percent 2.

The open question is the PC business 19. IDC estimated that Dell shipped 7.6 million PCs from July to September, 25 percent fewer than a year earlier, as shortages and higher prices weighed on buyers 19. Dell guided to $49.0 billion of revenue for its third quarter 1.

Leadership is shifting too: Richard Rothberg, general counsel since November 2013, retires on 1 February 2027, and Christopher Garcia, who joined Dell in 2006, takes his place 43.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.