Dell's AI servers grew 757% overnight — ride the momentum on Dell and Palantir
Dell just reported that its AI server revenue exploded 757% higher than a year ago, sending the stock up over 30% in a single day — its best ever. Analysts are scrambling to raise their price targets, and partner companies like Palantir are getting pulled higher too.
Idea
Dell's AI server business grew 757% year-over-year, proving that companies are spending aggressively on AI hardware infrastructure. When a major hardware maker posts that kind of growth, it tends to kick off a multi-week rally as analysts upgrade the stock and investors re-rate the company's future earnings power. Palantir, which runs AI Factory partnerships with Dell, already jumped 10% on the news — but could keep climbing as investors connect the dots between hardware demand and software utilization. Post-earnings momentum trades in heavily shorted or under-owned stocks often run further than people expect, and Dell just delivered its fastest revenue growth since 2018.