Dell's AI servers just went parabolic — ride the momentum on Dell and Palantir
Dell just reported that its AI server business exploded, growing revenue by 757% compared to last year. The stock jumped over 30% in a single day, and the excitement spilled over into other AI-linked stocks like Palantir, which rose 10%.
Idea
Dell's AI server revenue grew 757% year-over-year, which is the kind of number that signals a genuine spending wave — not just hype. When one company in a supply chain posts that kind of growth, its partners and customers tend to benefit too. Palantir already jumped 10% because Dell's numbers validate their joint AI Factory project. The broader enterprise software space (led by ServiceNow, up 40% this month) is catching the same tailwind. When an earnings report is this far above expectations, the momentum typically lasts more than one day as analysts raise targets and fund managers reposition.