AI Servers Boost Dell’s Revenue, But One Key Factor Spells Trouble Ahead
Bengaluru, India – Dell Technologies projected a decline in its adjusted gross margin rate for fiscal 2025, citing factors such as inflationary input costs and a competitive market. Despite this forecast, the company reported positive quarterly earnings on Thursday, with shares experiencing an 18% drop after the announcement. During a post-earnings call, CFO Yvonne McGill addressed the anticipated decline in gross margin rate, mentioning the impact of inflation, competition, and a higher mix of AI …