04:53 PM EDT, 08/29/2024 (MT Newswires) -- Dell Technologies ( DELL ) late Thursday reported a surprise increase in fiscal second-quarter earnings while the computer maker's revenue climbed above Wall Street's estimates amid rising demand for artificial intelligence servers.

Adjusted earnings rose to $1.89 a share for the quarter ended Aug. 2 from $1.74 a year earlier, beating the Capital IQ-polled consensus of $1.71. Revenue increased 9% to $25.03 billion, above the Street's view of $24.12 billion.

Dell's shares were up 7.2% in after-hours trade.

Revenue in the infrastructure solutions group advanced 38% year-over-year to a record $11.65 billion, buoyed by an 80% jump in servers and networking as demand for AI and traditional servers grew, Dell said.

"Our AI momentum accelerated in (the second quarter)," Chief Operating Officer Jeff Clarke said in a statement. "AI-optimized server demand was $3.2 billion, up 23% sequentially, and $5.8 billion year to date."

Sales for the client solutions group, which includes personal computers, slipped 4% to $12.41 billion, driven by a 22% decline in the consumer segment.

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