Dell's AI server sales just went vertical — ride the momentum into partner Palantir
Dell just reported that its AI server revenue exploded 757% higher than a year ago, sending the stock up 32% in its best day ever. Palantir, which partners with Dell on AI data centers, also jumped 10% as investors realized the AI spending boom is real and accelerating.
Idea
Dell's 757% jump in AI server revenue proves that companies aren't just talking about AI — they're buying hardware at a massive scale. Palantir directly partners with Dell on AI Factory deployments, meaning Dell's blowout quarter is essentially a proof-of-concept for Palantir's business model too. When a major infrastructure player confirms demand like this, the ripple effect lifts the entire AI supply chain. Palantir's 10% pop today is likely just the start of re-pricing as the market digests what this means for software-side AI revenue.