Movement Alert|Dell Rises 3.01% in Regular Trading, AI Server Industry Momentum Continues to Accelerate

Market Focus
Jun 16

On June 16, Dell Technologies rose 3.01% in regular trading, trading at $420.5/share, with turnover of $470 million. The gain was driven by sustained optimism surrounding AI server demand following a major Goldman Sachs research report and Dell's blockbuster quarterly results.

Goldman Sachs recently issued a report significantly raising its AI server market forecast, projecting the AI-related server market to reach $1.24 trillion by 2030, citing Dell's recent performance as core validation of continued explosive demand for AI computing power. Dell's previously reported fiscal Q1 revenue reached $43.8 billion, up 88% year-over-year, with AI server revenue surging 757% to $16.1 billion. The company's backlog exceeded $51.3 billion, and management raised full-year AI server revenue guidance from $50 billion to $60 billion.

Within the Technology Hardware, Storage & Peripherals sector, Western Digital rose 10.45%, Seagate Technology gained 6.70%, Apple added 0.46%, SanDisk Corp. rose 0.39%, while Super Micro Computer declined 1.36%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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