Dell's AI server revenue explodes 757% — ride the momentum into Palantir and the AI supply chain
Dell just reported its best revenue growth in years, powered by a staggering 757% jump in AI server sales. The blowout numbers are lifting the entire AI software chain — Palantir jumped 10% on the news because it builds AI systems that run on Dell's hardware.
Idea
Dell's AI server revenue growing 757% year-over-year is a real demand signal, not just hype — companies are buying hardware to run AI workloads right now. Palantir, which partners directly with Dell on AI Factory deployments, jumped 10% as investors realized the partnership is generating tangible business. When a hardware bellwether like Dell confirms this level of AI spending, it tends to pull up the entire ecosystem of software and services companies that sit on top of that hardware. The rally is broad too — Snowflake and ServiceNow are both having historic months, suggesting this isn't a one-stock story.