Dell Technologies Inc. stock surged more than ten percent in after-hours trading on Tuesday after the hardware maker raised its guidance and reported record revenue for its fiscal twenty twenty-seven second quarter amid booming demand for AI equipment.

The company booked a record sixty point nine billion dollars in AI server orders, with its backlog reaching ninety-five billion dollars. Dell’s revenue increased by fifty-eight percent year over year to forty-seven billion dollars, while adjusted earnings per share rose two hundred and three percent to seven point zero four dollars.

These strong metrics prompted Dell to raise its full-year fiscal twenty twenty-seven revenue outlook by twenty-five billion dollars to one hundred and ninety-two billion dollars, nearly seventy percent higher than the previous year. The growth catalyst was enterprise customers rapidly adopting local AI servers to run agentic AI applications. Year to date, Dell stock is up more than two hundred and thirty percent.