Updates

** Dell DELL.N shares jump 28.8% to $408.41 after the bell

** DELL sees annual revenue between $165 bln and $169 bln, up from its previous forecast of $138 bln to $142 bln

** AI server maker also raises annual adjusted EPS forecast to $17.90 from $12.90 earlier

** Company sees AI server revenue of roughly $60 bln for fiscal 2027, up from its prior expectations of $50 bln

** Dell is supply constrained in the second half, there is no demand issue, says Chief Operating Officer Jeff Clarke on post-earnings call

** Company's AI factory customer count surpassed 5,000, with growth across neo cloud, sovereigns and enterprise customers, Clarke says

** DELL posts 88% jump in Q1 revenue to $43.84 bln, beating analysts' average estimate of $35.43 bln - data compiled by LSEG

** Quarterly adjusted EPS of $4.86 also tops estimate of $2.94

** DELL shares have more than doubled so far this year