Dell's AI server revenue just exploded 757% — 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 its best day ever. The blowout numbers also lifted partner Palantir 10% and fueled a broader rally in AI-related stocks.
Idea
Dell's AI server revenue just exploded 757% year-over-year, proving that companies are spending aggressively on AI hardware. The stock surged over 30% in a single day — its best ever — and multiple analysts raised their price targets. Palantir, which runs AI factories in partnership with Dell, jumped 10% on the validation. When a market leader posts this kind of growth and the entire analyst community upgrades, the momentum typically carries further over the next few weeks as institutional money continues to flow in.