Dell's AI server sales just went parabolic — ride the momentum on Dell and Palantir
Dell just reported that its AI server revenue exploded 757% higher than a year ago, sending the stock up over 30% in a single day — its best ever. Palantir, which partners with Dell on AI data centers, also jumped 10% on the news.
Idea
Dell's AI server revenue grew 757% year-over-year — that's not a typo — and multiple analysts immediately raised their price targets. When a company beats expectations this dramatically, the stock often keeps running for days as more investors pile in and analysts publish upgraded forecasts. Palantir is a direct beneficiary too because it runs its AI Factory software on Dell servers, and it already popped 10% on the news. With Wall Street analysts still catching up to the new numbers, both stocks could have room to run.
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News sources
- Palantir Soars 10% as Dell Earnings Beat Validates Their AI Factory Partnership, Snowflake Lifts Software Rally — Yahoo Finance
- Dell stock skyrockets 32%, heads for best day ever as AI server revenue soars — CNBC
- Dell shocks Wall Street with booming AI server sales. Where analysts see it headed next — CNBC