Dell's AI server sales went vertical — ride the momentum breakout
Dell just reported that its AI server business grew 757% over last year, sending the stock up 32% 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 didn't just beat expectations — it exploded by 757%, showing that companies are spending massively on AI hardware right now. When a single quarter's results are this far ahead of what Wall Street expected, analysts pile in with higher price targets, which keeps pushing the stock. Palantir's 10% jump the same day confirms the whole AI infrastructure supply chain is getting re-rated. The key risk is that after a 32% single-day move, the stock could pause — but history shows that earnings-driven gaps of this size tend to follow through over the next two weeks as institutional investors build positions.