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Dell forecasts full-year profit above estimates

Related Topics: Dell, Jeff Clarke

DELL -6.77%

(Reuters) - Dell Technologies forecast annual profit above Wall Street estimates on Thursday, while projecting full-year revenue that was in line with market expectations, in a sign of intense jostling in the AI server market.

The company faces tough competition from rival PC makers such as HP Inc at a time when a sweeping U.S. trade tariff on China could hurt companies by triggering a price increase on tech products.

Research firm International Data Corporation (IDC) on Thursday lowered its traditional PC forecast for 2025 and beyond, driven by U.