Dell's AI servers just went nuclear — ride the momentum on Dell and Palantir
Dell just reported that its AI server revenue exploded 757% compared to last year, sending the stock up 32% in a single day — its best day ever. Palantir, which partners with Dell on AI data centers, also jumped 10% on the news.
Idea
Dell's blowout quarter proves the AI infrastructure spending boom is real and accelerating — 757% growth in AI server revenue isn't a blip, it's a demand signal. When a hardware maker this big posts its fastest revenue growth since 2018 and its best stock day ever, institutional money chases the momentum for weeks. Palantir directly benefits because its AI Factory platform runs on Dell servers, so Dell's results validate Palantir's pipeline too. With analysts raising price targets across the board and the broader software rally in full swing, this pair has room to run as the AI trade keeps attracting fresh capital.