7/107 sources · 4 publishersUpdated Oct 22, 07:26 UTC
Dell expands AI Factory with Nvidia, reporting $95 B AI backlog and stock jump
Dell Technologies announced an expanded AI Factory partnership with Nvidia, adding new deskside and data‑center AI solutions. The company said AI‑server orders total $60.9 billion, revenue $16.4 billion and a backlog of $95 billion. The news lifted Dell shares about 5% in pre‑market trading, reaching $483.82.
Why it matters
The share price rise gives investors an immediate gain, while the sizable AI backlog signals future revenue growth as enterprise AI demand continues.
Key facts
- 1Dell announced an expanded AI Factory collaboration with Nvidia covering deskside compute and modular data‑center solutions. seekingalpha.com
- 2Over 6,500 enterprises have adopted the AI Factory, up from 5,000 in the prior quarter. tradingview.com
- 3Dell reported AI‑server orders of $60.9 billion. gurufocus.com
- 4AI‑server revenue was $16.4 billion. gurufocus.com
- 5The AI backlog was $95 billion. gurufocus.com
- 6Dell’s infrastructure division generated $31.8 billion in revenue, up 89% year‑over‑year. finance.yahoo.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.