Dell Technologies has substantially revised upwards its sales and profit growth projections for the upcoming two-year period, anticipating a near-doubling of its growth rate. The tech giant emphasized that the burgeoning demand for artificial intelligence (AI) products is set to underpin this optimistic growth outlook at least until the fiscal year 2030. Following this announcement, Dell's stock price experienced an immediate uptick. Dell has rolled out its 'Long-Term Financial Framework,' which envisions annual sales growth ranging from 7% to 9% over the next four years. Additionally, it projects that earnings per share (excluding specific items) will surge by 15% or more annually. Previously, Dell had forecasted a revenue growth of 3% to 4% for 2023, coupled with an adjusted earnings per share growth of 8% or higher. Jeff Clarke, the Chief Operating Officer, acknowledged that the market potential for AI had been underestimated two years prior and is currently witnessing sustained expansion. As of 9:30 AM New York time, Dell's stock price had climbed by 5.2%, hitting $153.34.