"AI momentum is accelerating in the second half of the year,"
"Dell is winning in AI because of our unique ability to engineer bespoke high-performance solutions, rapidly deploy large, complex clusters, and provide global support."
"HP's outlook reflects the added cost driven by the current U.S. trade-related regulations in place, and associated mitigations,"
Dell reported quarterly EPS of $2.59, above analyst estimates of $2.47, with revenue of $27 billion slightly below expectations. The company projected next-quarter revenue of $31–32 billion and raised its AI server revenue forecast from $20 billion to $25 billion for 2026, citing accelerated AI momentum and capabilities in engineering and deploying large clusters with global support. Dell's stronger-than-expected outlook drove an after-hours stock rise. HP announced plans to cut 4,000–6,000 jobs (up to 10% of its workforce), issued fiscal 2026 adjusted EPS guidance of $2.90–$3.20 below consensus, and posted quarterly revenue of $14.64 billion with EPS near estimates.
Read at Techzine Global
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