Server Fever: Dell and Foxconn Rewrite Forecasts Due to AI Boom

The hardware supercycle defies gravity. On May 29, 2026, two giants of infrastructure assembly—Dell Technologies and Foxconn (Hon Hai)—synchronously reported phenomenal business growth. The companies radically raised their annual revenue and profit forecasts.

The growth driver is singular: insatiable demand for AI servers equipped with NVIDIA chips. The statistics of these corporations clearly show a shift in market focus. Manufacturing a tensor processor is only half the battle. It must be integrated into a rack, provided with uninterrupted power, and equipped with powerful liquid cooling systems. Dell and Foxconn, acting as the final link before the hyperscalers, are recording a record order book. The B2B market is willing to overpay for the speed of data center assembly, turning classic IT manufacturers into the main trillion-dollar beneficiaries of the generative era.

Source: Dell Technologies / Foxconn / Reuters