Dell's AI server sales explode 757% — ride the momentum with Dell and partner Palantir
Dell just reported its fastest revenue growth in years thanks to a massive 757% jump in AI server sales. This triggered a historic 32% stock surge and pulled partner stocks like Palantir up 10% as Wall Street raises its price targets.
Idea
Dell's blowout earnings prove that companies are opening their wallets wide for AI hardware, which backs up the massive rally we've seen in tech stocks this month. With Wall Street analysts quickly raising their price targets and the stock having its best day ever, the momentum is undeniable. Palantir, which directly partners with Dell on AI factory systems, rode the coattails of this report to jump 10%. Buying into this raw strength on a short dip gives you a chance to ride the wave as institutional money continues to chase the AI boom.