Dell hits record annual revenue as it cashes in on the AI data center boom, and predicts more gains ahead

Dell's top line is booming, and it has AI to thank.

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• Dell reported record annual revenue of $113.5 billion in its latest financial year.
• Dell's server and storage business surged 40% and it projected that server sales would double in 2027.
• Tech giants like Nvidia and Meta have also reported strong annual results tied to the AI boom.

Dell is the latest company to get a massive windfall from the AI boom.

The tech company reported...