Dell Technologies has reported $60.9 billion in AI server orders for its fiscal 2027 second quarter, leaving the company with a $95 billion AI server backlog and providing a fresh indication of the scale at which organizations are committing to AI infrastructure.
The company reported on Sept. 1st that second-quarter revenue reached a record $47 billion, up 58% year over year. Dell’s Infrastructure Solutions Group, which includes servers, networking and storage, generated $31.8 billion in revenue, up 89% from the prior-year period.
For enterprise technology leaders, the more consequential detail is that growth was not limited to AI-optimized servers. Dell reported $10.5 billion in traditional server and networking revenue, up 122% year over year, and $4.9 billion in storage revenue, up 26%. That combination suggests that larger AI deployments are being accompanied by spending across the supporting infrastructure needed to host, connect and store data for those workloads.
Dell said AI-optimized server revenue was $16.4 billion for the quarter, doubling from a year earlier. The company’s guidance calls for $74 billion in AI-optimized server revenue for the full fiscal year, compared with a previous forecast of $60 billion. Its broader full-year revenue forecast rose by $25 billion to $192 billion.
Those figures are vendor-reported financial results, not a measure of installed or operating AI capacity. The $95 billion backlog represents booked orders that Dell expects to fulfill over time, so it should not be read as revenue already recognized or as proof that every planned project has entered production.
Still, the mix is relevant to capacity planners. An AI system requires more than accelerator-equipped servers: enterprises also have to account for networks, storage, data movement and the operational work of integrating new capacity with existing infrastructure. Dell’s reported growth across its traditional server, networking and storage businesses is consistent with that wider procurement cycle.
The results also show the commercial pull of AI infrastructure at a time when many organizations are trying to move from experiments to sustained workloads. Dell said its customers are investing in technology environments that it characterized as business-value drivers, and it attributed the largest order activity to its AI server business.
Commercial client revenue was $13.2 billion, up 22% year over year, while Dell’s overall Client Solutions Group reported $15 billion in revenue. The company did not break out how much of that segment’s growth came from AI-related endpoint demand, so the results do not establish a direct connection between commercial PCs and the AI server order figures.
For buyers, Dell’s updated forecast is a signal about supplier demand and delivery planning rather than a reason to treat a large AI buildout as automatic. Teams still need to evaluate workload requirements, power and cooling capacity, data architecture, network design, security controls and operating costs before committing to a platform.
In summary, the data shows that AI infrastructure purchasing is increasingly affecting the whole data-center stack. Dell’s record server orders and growth in adjacent infrastructure categories point to an enterprise market in which planning for AI capacity is becoming inseparable from planning for conventional compute, networking and storage.