Dell just had its best day ever on monster AI server sales — ride the momentum wave
Dell just reported its best quarter in years, with AI server sales exploding 757% higher than a year ago. The stock had its best day ever, jumping over 30%, and it's pulling other AI-related companies like Palantir up with it.
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Dell's AI server revenue nearly quintupled year-over-year, and analysts are scrambling to raise their price targets after the blowout report. This wasn't a small beat — it was the fastest revenue growth Dell has posted since going public again in 2018. When a stock jumps 30% in a single day on fundamental news of this magnitude, institutional money typically continues flowing in over the following weeks. Palantir, which partners directly with Dell on AI factory deployments, rallied 10% on the news too — so the ripple effect into the broader AI infrastructure trade is real.