Also Read: OpenAI goes for Microsoft’s pie with enterprise offering The improved outlook comes as the company benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and server products. The company is expected to see a demand boost for its PowerEdge servers and generative AI designs with Nvidia from rising investments in AI by Big Tech companies.

“AI is already showing it's a long-term tailwind, with continued demand growth across our portfolio," Chief Operating Officer Jeff Clarke said. (With inputs from Reuters)

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