Dell's AI server sales just went vertical — ride the momentum on Dell and Palantir
Dell just reported that its AI server revenue exploded 757% higher than a year ago, sending the stock up over 30% in a single day — its best ever. Palantir, which partners with Dell on AI systems, also jumped 10% on the news.
Idea
Dell's blowout quarter proved that AI spending isn't slowing down — their AI server revenue grew 757% year-over-year, which is the fastest revenue growth the company has seen since going public. When a hardware company puts up numbers like that, it validates demand for the entire AI supply chain. Palantir, which runs its AI Factory platform on Dell servers, rose 10% as investors connected the dots. Analysts are already raising price targets. When a theme this broad has fresh confirmation from real sales numbers, the momentum typically carries related stocks higher for weeks.