Dell Technologies stock tumbled late Tuesday after the tech hardware company reported mixed fiscal third quarter results. Earnings beat estimates while sales came up short despite strong growth from AI-related server sales.

Dell's AI server sales are reported in the company's Infrastructure Solutions Group (ISG), which includes AI servers, storage, networking components, and traditional servers. The group's revenue rose 34%, mostly driven by AI sales, to $11.4 billion.

Dell Technologies stock fell after the company posted worse-than-expected revenue for its October quarter late Tuesday.For its fiscal third quarter, the company reported revenue of $24.4 billion, below the Wall Street consensus of $24.

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