Dell Technologies (DELL) reported record-breaking earnings, exceeding the Zacks Consensus EPS estimate by nearly 60% and achieving a 23% sales surprise for the recent quarter. Sales surged 88% year-over-year (YoY), while earnings leaped an impressive 214%. The company also announced a revised forecast for FY27 sales, projecting a midpoint growth of 50% YoY, up from 20% in FY26, primarily driven by a 760% YoY growth in AI-optimized servers.
SanDisk (SNDK) and Micron Technology (MU) have also emerged as top performers in the S&P 500 during 2026, largely due to increasing demand for storage solutions amid the AI boom. SanDisk’s sales are expected to reach $18.6 billion in FY26, marking a 150% increase, with projected earnings growth of nearly 2100%. Micron anticipates 200% YoY sales growth in the current fiscal year, with earnings expected to rise by 620%.
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