Dell's AI server revenue exploded 757% — ride the momentum on Dell and Palantir
Dell just reported its best day ever as a public company — up over 30% — after revealing AI server revenue exploded 757% compared to last year. Palantir, which builds AI software that runs on Dell hardware, also jumped 10% on the news.
Idea
Dell's AI server revenue grew 757% year-over-year — that's not a gentle improvement, it's a step-change in demand that multiple analysts immediately raised price targets on. When a hardware company this large posts its fastest growth since 2018, the ripple effects hit partners too: Palantir runs AI factories with Dell and surged 10% on the validation. Historically, mega-gap earnings moves above 20% in large-cap tech tend to follow through over the next two weeks as analysts publish upgrades and institutional buyers build positions. The key risk is buying the top of a one-day spike, so waiting for a brief dip or confirmation on above-average volume is prudent.