Dell stock surges 17.5% to three-month high on strong forecast for AI server revenue to more than double by FY27
Shares of Dell Technologies jumped 17.5% on Friday (February 27) after the company projected that revenue from its artificial intelligence (AI) server business will more than double in fiscal 2027. The stock climbed to $142.31, a three-month high, putting it on track for its biggest one-day gain in nearly two years. Dell said it expects…