Dell's AI server revenue exploded 757% overnight — ride the momentum on Dell and Palantir
Dell just reported that its AI server revenue grew 757% compared to last year, sending the stock up over 30% in a single day — its best day ever. The blowout results also lifted partners like Palantir, which jumped 10% on the validated AI partnership.
Idea
Dell's AI server revenue didn't just beat expectations — it grew 757% year-over-year, showing that companies are spending aggressively on AI infrastructure. When one company in a supply chain posts that kind of number, its partners tend to get re-rated higher too. Palantir, which runs its AI Factory on Dell servers, jumped 10% the same day as investors connected the dots. Software stocks broadly are wrapping up their best month since 2001, meaning the appetite for AI-related names is extreme right now. The momentum behind this theme is unlikely to cool off in just one session.