Dell's AI server sales just went vertical — ride the infrastructure and software momentum
Dell just reported that its AI server revenue grew an astonishing 757% over last year, sending the stock up 32% in its best day ever. The blowout numbers are rippling across the entire AI software sector, with stocks like Palantir jumping 10% and software wrapping up its best month in 25 years.
Idea
Dell's AI server revenue exploding 757% year-over-year is the clearest signal yet that companies are spending aggressively on AI infrastructure, and that spending is flowing downstream to software partners. Palantir already jumped 10% on the Dell news because the two companies run AI factories together. Software stocks broadly are having their best month since 2001 as fears that AI would kill software companies have completely reversed. When a sector leader puts up numbers this big, the ripple effect tends to lift partners and peers for weeks as analysts raise targets and money rotates in.