"Our momentum in ISG is a significant tailwind, with record ISG revenue of $11.6 billion, up 38% year over year," said Yvonne McGill, chief financial officer of Dell Technologies.
"The coming PC refresh cycle and the longer-term impact of AI will create tailwinds for the PC market," said McGill in a conference call.
"AI momentum" accelerated significantly across Q2, according to Jeff Clarke, vice chairman and chief operating officer, with the company recording a sizable increase in the volume of server sales.
Dell slashed 10% of jobs, saying the reorganization was designed to focus the company on AI - a similar AI-centered motivation has fueled job cuts at Cisco, Intuit, and Dropbox.
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