Shares of Dell Technologies are moving higher after the company’s Q4 results beat estimates. The company said in the press release, “Our strong AI-optimized server momentum continues, with orders increasing nearly 40% sequentially and backlog nearly doubling, exiting our fiscal year at $2.9 billion. We’ve just started to touch the AI opportunities ahead of us, and we believe Dell is uniquely positioned with our broad portfolio to help customers build GenAI solutions that meet performance, cost and security requirements.” The stock in after-hours trading is up 17%, or $16.14, to $110.80.
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