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Dell Technologies has recently revised upward its projections for the AI server market, underscoring the burgeoning demand for these systems amidst the ongoing data center expansion. Following the close of the market on Tuesday, Eastern Time, Dell unveiled its financial results for the fiscal third quarter. While revenue marginally missed analyst expectations, the company expressed optimism for its fourth-quarter performance, attributing the anticipated outperformance mainly to a surge in AI server sales. Dell has accordingly adjusted its full-year revenue forecast to a range of $111.2 billion to $112.2 billion, and its AI server shipment projection from $20 billion to $25 billion. Consequently, Dell's stock price experienced a 3.48% uptick post-market.
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