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2024-08-30 17:52:18
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Dell's AI Business Fuels Growth, Second Quarter Revenue Soars 9% to $25 Billion
Dell Technologies Group's second-quarter fiscal report for 2025 demonstrates strong performance, with total revenue reaching $25.026 billion, a year-over-year increase of 9%. The Infrastructure Solutions Group performed impressively, generating $11.6 billion in revenue, a 38% increase, with server and networking revenue jumping 80% to $7.7 billion. However, the storage business reported revenue of $4 billion, down 5%. The Client Solutions Group's revenue was $12.4 billion, reflecting a 4% year-over-year decline. Demand in the AI sector continues to climb, with demand for AI-optimized servers at $3.2 billion, a 23% quarter-over-quarter increase.