Dell's AI server revenue just exploded 757% — ride the momentum on Dell and Palantir
Dell just reported that its AI server revenue surged 757% compared to last year, sending the stock up 32% in its best day ever. The blowout numbers are lifting the entire AI infrastructure and software sector, including partner Palantir, which jumped 10%.
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Dell's AI server revenue grew 757% year-over-year, its fastest revenue growth since 2018, proving that companies building the physical backbone of AI are seeing explosive real demand — not just hype. Multiple analysts raised their price targets after the report. Palantir, which runs AI Factory data centers in partnership with Dell, soared 10% as the results validated its own strategy. Software stocks broadly are wrapping up their best month since 2001, meaning this isn't an isolated move but a sector-wide wave. When one major player posts numbers this far ahead of expectations, the ripple effect to partners and peers tends to persist for days as analysts and investors reprice the whole group upward.