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News  ›  The Motley Fool

Forget Hyperscalers: Why Dell's AI Server Business Just Keeps Growing

The Motley Fool Logo The Motley Fool By Jon Quast
Forget Hyperscalers: Why Dell's AI Server Business Just Keeps Growing

Dell Technologies is experiencing significant growth in AI-optimized server hardware, with a massive $5.8 billion contract with IREN and a growing backlog of $11.7 billion. The company's AI server demand continues to exceed supply, driving revenue and profit margins higher.

Insights
PEP   positive

Mentioned as a stable, large-cap dividend stock in the ETF's top holdings


DELL   positive

Strong AI server demand, growing backlog, increased operating profit margins, stock up nearly 40% in 2025, and continued potential for infrastructure spending