Dell Technologies says the shortage of memory supply is helping drive customer demand. "During these times of supply disruption and a lot of puts and takes in the marketplace, customers tend to come to Dell to look for a calming hand," Chief Operating Officer Jeff Clarke tells analysts. That dynamic is driving demand in Dell's businesses across PCs, servers and storage, Clarke says. Uncertainty about memory supply and pricing is driving customers to buy now so they have capacity secured, he says. As a result, the company expects to exit the year with a meaningful backlog, he says. Shares rise 37% after hours. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

May 28, 2026 18:27 ET (22:27 GMT)

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