Dell’s AI server backlog hits $51.3 billion
Dell has reported a significant surge in demand for AI-optimized servers, with revenue reaching $16 billion in the first quarter.
This is a substantial increase from the $2 billion reported last year.
The company’s ability to capture a significant share of the enterprise AI build-out has driven its transformation, with a customer base broadening to over 5,000.
Dell has raised its full-year revenue guidance for the category to approximately $60 billion, with $24 billion in AI server orders booked this quarter.