Dell Technologies’ stock has gained 24.3% in the past six months but underperformed the Computer & Technology sector. The company is benefiting from strong demand for AI servers despite facing supply-chain constraints and competitive pressures in the PC and AI server markets.

Dell Technologies’ expanding portfolio, especially in AI-optimized servers, has led to significant revenue growth. The company booked $12.3 billion in AI server orders in the third quarter of fiscal 2026, with expectations to ship $9.4 billion worth of AI servers in the fourth quarter.

Dell Technologies’ positive Q4 and FY26 guidance forecasts revenue growth of 32% and 17% respectively. Non-GAAP earnings are expected to grow by 31% and 22% for the fourth quarter and FY26, respectively.

Despite Dell Technologies’ positive outlook, the company faces stiff competition from Cisco Systems, Hewlett-Packard, and Super Micro Computers in the AI infrastructure space. Investors should consider the company’s long-term potential while being mindful of declining consumer PC revenue and competitive pressures.

The convergence of artificial intelligence and quantum computing presents significant wealth-building opportunities. Investors can position their portfolios for this technological revolution by identifying stocks that will lead the quantum computing race and deliver substantial gains to early investors.

Read more at Nasdaq: DELL Stock Soars 24% in the Past 6 Months: Should You Buy Now or Wait?