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DELL

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Shares of Dell Technologies rose 2% Tuesday after the company increased its long-term revenue and profit growth expectations in a meeting with analysts.

The computer maker said it now expects annual revenue to expand between 7% and 9%, an increase from its prior forecast of 3% to 4%.

For the full year, it now expects diluted earnings per share to grow at least 15%, compared with its previous expectations for growth of 8% or higher.

Dell said it was raising its guidance as it capitalizes on "the unprecedented pace of change in technology," particularly in artificial intelligence.

"Customers are hungry for AI and the compute, storage and networking we provide to deploy intelligence at scale," CEO Michae

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