Dell's AI server sales just went vertical — ride the momentum on Dell and partner Palantir
Dell just reported that its AI server sales exploded 757% from a year ago, sending the stock up over 30% in a single day — its best day ever. Palantir, which builds AI software that runs on Dell's servers, also jumped 10% on the validation of their partnership.
Idea
Dell's blowout quarter proves the AI infrastructure spending boom is real and accelerating — a 757% jump in AI server revenue is not a marginal beat, it's a step-change. Multiple analysts immediately raised their price targets, which tends to keep a bid under the stock for days. Palantir, Dell's AI Factory partner, got pulled along as collateral validation. When a stock gaps up this sharply on genuinely surprising fundamentals, institutional buyers who missed the initial move often step in over the following week, creating a momentum tailwind.