Dell's AI server sales exploded 757% — buy partner Palantir before it catches up
Dell just reported that its AI server revenue grew 757% compared to last year, sending the stock up over 30% in a single day. Palantir, which partners with Dell on AI data centers, jumped 10% as investors realized the partnership is driving real sales.
Idea
Dell's blowout earnings showed that companies building the physical backbone of AI — the servers and data centers — are seeing explosive, real demand, not just hype. Revenue from AI servers grew 757%, which is the kind of number that makes Wall Street rethink what's possible. Palantir is Dell's direct partner on 'AI Factory' projects, meaning when Dell wins big AI contracts, Palantir's software runs on top of that hardware. Palantir only rose 10% on the news while Dell surged 30%, suggesting the market hasn't fully connected the dots yet. With software stocks having their best month since 2001 and AI fears fading across the sector, Palantir is positioned to keep climbing as more investors realize it's a direct beneficiary of Dell's AI infrastructure boom.