Goldman Sachs Report: Dell AI Server Orders Hit $60.9 Billion, Full-Year Guidance Raised to $192 Billion

Goldman Sachs reported that Dell's AI server orders surged to $60.9 billion in the second quarter of fiscal year 2027, up from $24 billion in the previous quarter, with a backlog of $95 billion. Dell raised its full-year revenue guidance to $192 billion and non-GAAP EPS guidance to $25.50. The Infrastructure Solutions Group (ISG) saw revenue grow 89% year-over-year to $31.78 billion, with a 15% profit margin. Goldman Sachs maintains a 'Buy' rating with a 12-month price target of $510, citing strong AI infrastructure demand and recovery in enterprise IT spen