Goldman Sachs raised its 2030 AI server market forecast to $1.24 trillion. This projection marks an 18% increase from previous estimates.
The firm also boosted its traditional server market outlook to $164 billion. This figure represents a 31% upward revision.
Surging demand for artificial intelligence infrastructure drives the revised forecast. Dell Technologies recently reported a 622% year-over-year surge in AI server revenue.
Goldman notes Dell is gaining market share in both AI and traditional server segments. The company serves as a key beneficiary of growing enterprise and neocloud demand.