Dell Tops Q4 Revenue Estimates Amid AI and PC Market Tailwinds
• Dell beat Q4 revenue estimates, helped by AI boom and PC market recovery • Dell seeing strong demand for AI servers equipped with Nvidia GPUs • Global PC market returned to 3% growth in Q4 2023, poised for stronger recovery in 2024 • Dell posted Q4 revenue of $22.32 billion, slightly ahead of estimates • Revenue fell for infrastructure solutions and client solutions groups