Dell Technologies(US:DELL) 智通财经网·2025-08-29 14:50Core Viewpoint - Dell Technologies (DELL.US) experienced a nearly 10% decline in stock price, closing at $121.06, despite reporting a 19% increase in sales for Q2, reaching $29.8 billion, which exceeded the average expectation of $29.2 billion [1] Financial Performance - Adjusted earnings per share for Dell were $2.32, surpassing the analyst average estimate of $2.30 [1] - The company recorded $5.6 billion in AI server orders during the quarter, a significant drop from $12.1 billion in the previous quarter [1] - Dell shipped servers worth $8.2 billion in the quarter, with a backlog of orders valued at $11.7 billion at the end of the quarter [1] Profitability Metrics - The operating profit margin for Dell's infrastructure segment (including server and networking sales) was reported at 8.8%, below the analyst average expectation of 10.3% [1] - The overall adjusted gross margin for Dell was 18.7%, which narrowed compared to the same period last year and fell short of the analyst expectation of 19.6% [1]