Dell's AI sales explode 757% — ride the momentum in Dell and its AI partner 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 ever. Palantir, which builds AI systems with Dell, also jumped 10% on the news.
Idea
Dell's earnings prove that companies are pouring money into AI infrastructure at a pace nobody expected — 757% server revenue growth is staggering. When a hardware company beats this dramatically, analysts trip over themselves to raise price targets, which pulls in more buyers over the following weeks. Palantir runs its AI Factory program directly with Dell, so Dell's blowout quarter is basically a proof-of-concept for Palantir's business too. Big earnings surprises like this tend to keep drifting upward for 2–4 weeks as the news sinks in and institutional money repositions.