$9 Billion AI Server Backlog Drives 19% Dividend Acceleration

170-year-old company reinvents itself with direct-to-consumer strategy

Good morning,

Our technology dividend accelerator just authorized a $10 billion share repurchase increase while sitting on approximately $9 billion in AI server backlog demand.

The company delivered 39% diluted EPS growth year-over-year and raised its annual dividend by 18% to $2.10 per share, reflecting confidence in AI infrastructure momentum. Access full report here.

-Tom

P.S. With Infrastructure Solutions Group revenue growing 22% in Q4, You really need to read this report before it's too late.