Dell Raises Profit Forecast After Blowout Q3, Sparks 3.5% Seoul Rally
DELL•Dell raised its full-year profit forecast after blowout fiscal third-quarter results, triggering chipmaker benchmark gains of 2.5% in Tokyo and 3.5% in Seoul. The guidance upgrade fueled AI-equipment demand optimism and lifted shares of rivals like HP ahead of broader market rallies.
1. Dell Reports Blowout Q3 Results
Dell posted blowout fiscal third-quarter results driven by robust client solutions and infrastructure sales, surpassing internal expectations and showcasing strength across PC and server segments.
2. Guidance Upgrade and AI Demand
Management raised the full-year profit forecast, citing accelerating demand for AI-related hardware and positive end-market trends, positioning Dell to capitalize on enterprise AI investment.
3. Peer Shares and Market Reaction
The upgraded guidance triggered a 2.5% gain in Tokyo chipmaker benchmarks and a 3.5% surge in Seoul, while shares of HP and other rivals jumped on sector optimism.
4. Analyst Perspectives on Future Risks
Analysts note that Dell’s performance highlights resilience in IT spending but warn that supply chain constraints and macroeconomic headwinds could challenge sustainable growth.
