--- title: "Dell CEO Jeff Clarke Reveals AI Boom Runs on Endless Scrambling for Scarce Parts: 'This Is What We Do' and 'We Love It'" type: "News" locale: "en" url: "https://longbridge.com/en/news/297737972.md" description: "Dell reported a blowout Q2 with revenue of $46.97 billion and EPS of $7.04, driven by record AI server orders totaling $60.9 billion. CEO Jeff Clarke highlighted severe supply chain constraints for components like DRAM and CPUs, stating demand outran supply. The company guided for strong Q3 results, with expected EPS of $6.50 and revenue of $49 billion. Despite the positive financials, shares initially fell 6.8% before recovering in after-hours trading." datetime: "2026-09-02T05:32:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297737972.md) - [en](https://longbridge.com/en/news/297737972.md) - [zh-HK](https://longbridge.com/zh-HK/news/297737972.md) generator: "portal-rs" --- # Dell CEO Jeff Clarke Reveals AI Boom Runs on Endless Scrambling for Scarce Parts: 'This Is What We Do' and 'We Love It' **Dell Technologies Inc.** (NYSE: DELL) just posted a blowout second quarter fueled by soaring demand for artificial intelligence infrastructure, and its CEO, **Jeff Clarke,** said it’s been a nonstop hunt for parts across nearly every part of the supply chain ## **“Welcome to the Life of a Supply Chain Person at Dell”** Asked on the company’s second-quarter earnings call about the state of supply constraints, Clarke gave a long list of shortages spanning nearly every layer of the hardware stack. “The constraints remain the same. DRAM, followed by NAND. We have spotty CPU shortages. There are shortages with disk drives,” he said, adding that “just about every product going through a leading node is constrained,” including power components, substrates, and optical parts. “Welcome to the life of a supply chain person at Dell Technologies. This is what we do, chasing parts. We love it,” he added. **Read Also:Jim Cramer Says 'WOW' as Dell Crushes Earnings; Patrick Moorhead Says the Company Is Doing 'Exactly What It Told Investors** ## **Demand Outran Supply** Dell has responded by “optimizing the bits and bytes” it receives, including shifting components toward its infrastructure business earlier this year as PC demand softened. “Demand outran supply last quarter. Demand outran supply this quarter,” Clarke said, adding that the company’s pipeline “remains robust,” as AI server orders hit a record $60.9 billion in the quarter, pushing Dell’s backlog to $95 billion. Counterpoint Research director **MS Hwang** said last month that the industry’s competing memory expansion plans won’t simultaneously translate into meaningful production until “2028 at the earliest,” while **SK Hynix Inc.** (NASDAQ:SKHY) CEO **Kwak Noh-Jung** has warned the current memory shortage will persist through 2030. “We are doing everything we can to get more supply. In today’s environment, that’s a very difficult task,” Clarke added. ## **Another Blowout Quarter, and an Even Bigger Guide** In the second-quarter, Dell reported adjusted earnings of $7.04 per share, blowing past the $4.91 analyst consensus, according to Benzinga Pro. Revenue came in at $46.97 billion, well ahead of the $44.95 billion Wall Street expected. For the third quarter, the company guided to adjusted EPS of $6.50, versus a $4.49 estimate, and revenue of $49 billion, versus the $41.43 billion analysts’ expectations. **Price Action:** The shares closed 6.8% lower on Tuesday at $425, and climbed nearly 8% to $459.03 in after-hours trading. The stock has surged 232.55% so far this year and 251.36% over the past year. **Benzinga edge rankings** indicate Dell’s stock has a Momentum score in the 99th percentile and a Growth score in the 77th percentile. **Read Also:Trump Goes ‘Tanker for Tanker’ on Iran: US Strikes 2 Iranian Oil Tankers Amid Hormuz Escalation** ***Disclaimer*:** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* *Photo Courtesy: Robert Way on Shutterstock.com* ### Related Stocks - [DELL.US](https://longbridge.com/en/quote/DELL.US.md) - [DLLL.US](https://longbridge.com/en/quote/DLLL.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) ## Related News & Research - [Dell Booked More AI Server Orders in 3 Months Than It Recorded in Total Revenue](https://longbridge.com/en/news/298817198.md) - [Why Is Dell Stock Rising Today, Sept. 15?](https://longbridge.com/en/news/299074374.md) - [European chip startup Axelera wins AI factory supply deals and launches second chip](https://longbridge.com/en/news/299047417.md) - [Silver Lake Partners IV reports Dell disposal worth $14.1 million](https://longbridge.com/en/news/299231663.md) - [Dell stock rises premarket despite Silver Lake’s $42.5M proposed stock sale](https://longbridge.com/en/news/299159556.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**