Dell's AI server sales just went parabolic — ride the momentum on Dell and Palantir
Dell just reported that its AI server revenue grew 757% over last year, sending the stock up over 30% in a single day — its best ever. The blowout numbers also lifted partner Palantir 10%, as their joint AI-factory collaboration was validated by real customer demand.
Idea
Dell's AI server revenue exploding 757% signals that companies are spending aggressively on AI hardware infrastructure right now, not just talking about it. When a key supplier posts its fastest growth since 2018 and its best stock day ever, analysts typically raise targets and momentum funds pile in over the following weeks. Palantir, which runs its AI Factory platform on Dell servers, gets a direct halo effect — the partnership is clearly generating real revenue. Both names could continue climbing as Wall Street recalculates what AI-driven growth is actually worth.