Dell's AI servers grew 757% last quarter — ride the AI infrastructure wave before Wall Street catches up
Dell just reported that its AI-server revenue exploded 757% higher last quarter and profits crushed expectations by the widest margin in five years. At the same time, Samsung began shipping its next-generation AI memory chips, sending its stock up 6%.
Idea
Dell's AI-server revenue growing 757% in a single quarter is a jaw-dropping number that tells you corporate spending on AI hardware is nowhere near peaking. The stock hit a record high, which often marks the beginning — not the end — of a momentum run when backed by fundamentals this strong. Meanwhile Samsung shipping its next-gen HBM4E memory chips confirms the entire AI supply chain is firing on all cylinders. Companies like Nvidia (which makes the AI chips Dell uses) and Micron (which makes memory) should ride the same wave. When the picks-and-shovels companies behind AI are growing this fast, the trade is to own the infrastructure layer.