1009 ET - Dell is forecasting that sales will be $10 billion lower in the second half of the year compared with the first due to constrained supply visibility rather than demand, JPMorgan analysts say in a research note. They see a world where supply visibility improves, which Dell has shown is possible given its strong track record of leveraging its scale to deliver ahead of competitors. The demand side of things doesn't look debatable at this point, the analysts say. The company has a robust pipeline and backlog across the board, which gives confidence that the pull-forward of demand won't be a major issue this year, they say. Shares rise 32% to $419.27. (dean.seal@wsj.com)

(END) Dow Jones Newswires

May 29, 2026 10:09 ET (14:09 GMT)

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