Dell's AI server sales explode 757% — ride the momentum on Dell and Palantir
Dell just reported explosive AI server revenue — up 757% from a year ago — sending the stock up over 30% in a single day. Its AI partner Palantir also jumped 10% on the news as analysts raised their price targets across the board.
Idea
Dell just posted the fastest revenue growth since its 2018 relisting, powered by a 757% surge in AI server sales. Multiple analysts immediately raised price targets, and Bloomberg's top hardware analyst said he'd put his money on Dell for scale. Palantir — Dell's partner in building AI data centers — also surged 10% as the blowout results validated their joint AI Factory strategy. When a single earnings report is this far above expectations, it often kicks off a multi-week momentum run as fund managers scramble to add exposure. With the broader AI rally still accelerating, both stocks have tailwinds behind them.