Overview
Round Rock Has Been Dell's Headquarters Since 1994
Michael Dell started the company in his University of Texas at Austin dorm room in 1984 and moved headquarters to Round Rock in 1994 under a 1993 economic development agreement with the city. In 2024 Round Rock and Dell extended that agreement from 60 to 106 years; it has generated more than $429M in sales tax revenue for the city.
The 1 Dell Way campus holds about 900,000 square feet of offices, appraised at $81.1M in 2024. It houses engineering, product development, supply chain, sales, executive and customer briefing functions for Dell's servers, storage, networking, PCs and services. Dell has not updated its Round Rock headcount; it was about 13,000 before the 2023 and 2024 layoffs. Since March 2025 Dell has required employees who live near an office to work on site five days a week.
Dell anchors the corporate side of Williamson County, alongside Samsung Taylor manufacturing up the US 79 corridor.
| Company | Dell Technologies |
|---|---|
| Address | 1 Dell Way, Round Rock |
| County | Williamson |
| HQ since | 1994 |
| Founded | 1984, Austin |
| Office space | About 900,000 sq ft |
| Global staff | About 97,000 (Jan 31, 2026) |
| FY26 revenue | $113.5B |
| FY27 revenue guide | About $192B |
AI servers
AI Servers Now Drive Dell's Revenue
Dell's PowerEdge servers with NVIDIA Grace Blackwell accelerators, sold as rack-scale systems to cloud providers, AI labs, enterprises and governments, carried fiscal 2026 (ended January 2026) to $113.5B in revenue, up 19%, with more than $64B of AI server orders and more than $25B shipped.
Second-quarter fiscal 2027 revenue reached $47.0B, up 58%, with AI server revenue of $16.4B, AI orders of $60.9B and a $95B AI backlog. Dell raised its full-year revenue guidance by $25B to about $192B and AI server guidance to about $74B.
Supermicro, HPE and Lenovo compete for the same AI server orders. Lenovo, headquartered in Beijing and Hong Kong, and Inspur, based in Jinan, are China's largest server makers. Nikkei Asia reported in 2023 that Dell told suppliers it planned to remove China-made chips from its products by 2024 and was shifting assembly toward Vietnam, Mexico and India.
Campus investment
Round Rock Investment Continues While Global Headcount Falls
In 2025 Round Rock City Council unanimously approved Dell as a Texas Enterprise Zone project for a $25M, five-year campus expansion of new construction, renovation and equipment. Dell can receive up to $1.25M in state sales tax refunds if it meets investment and retention goals for 500 jobs, with at least 35% of new or replacement roles filled by economically disadvantaged workers, veterans or enterprise zone residents. A separate $8M renovation was filed in February 2026 for work from March to August.
Dell's global workforce fell to about 97,000 on January 31, 2026, from about 108,000 a year earlier and about 120,000 two years earlier. Dell has not said how many Round Rock jobs were cut.
Horizon
TACC's Horizon Supercomputer Runs on Dell Hardware in Round Rock
The Texas Advanced Computing Center (TACC) at UT Austin is installing Horizon, the National Science Foundation's leadership-class system, at a Sabey Data Centers site in Round Rock rated at 15 to 20 MW. Horizon pairs about 4,000 NVIDIA GPUs with about 1 million CPU cores, built with Dell, NVIDIA, VAST Data, Spectra Logic, Versity and Sabey, and is scheduled for production in 2026.
Record
Dataset Record
- Sources
- Dell Technologies earnings releases (FY26, Q2 FY27), Futurum Group, Pulse 2.0, The Real Deal, Community Impact, Hoodline/MySA, Reuters, TACC, Nikkei Asia
- Last verified
- October 2026