On Tuesday, Dell Technologies (DELL) unveiled its earnings report for the third quarter of fiscal 2026, along with performance projections for both the fourth quarter and the entire fiscal year. In the third quarter, the company's revenue soared to an all-time high of $27 billion, marking an 11% increase compared to the same period last year. Its diluted earnings per share stood at $2.28, a substantial 39% rise year-over-year. Dell has upwardly revised its full-year revenue forecast, now estimating it to reach $111.7 billion, which represents a 17% year-over-year growth. The company also anticipates that its AI server shipments will amount to roughly $25 billion, reflecting a remarkable growth rate exceeding 150%. This surge is largely attributed to the escalating investment in artificial intelligence within data centers, which has significantly driven up server demand. Following the announcement, Dell's stock price experienced a 5% uptick in pre-market trading on Wednesday.