Dell's AI servers just grew 757% overnight — ride the momentum on Dell and Palantir
Dell just reported that its AI server revenue grew 757% compared to last year, sending the stock up over 30% in a single day — its best day ever. Partner company Palantir also jumped 10% as investors digested what this means for AI spending broadly.
Idea
Dell's earnings blowout confirms that companies are spending aggressively on AI infrastructure — 757% server revenue growth isn't a fluke, it's a wave. Multiple analysts raised their price targets overnight, which typically fuels additional buying in the days ahead. Palantir, Dell's AI Factory partner, rose 10% on the news, showing the market is connecting the dots across the AI supply chain. When a hardware leader posts this kind of growth, the momentum often carries for weeks as institutional investors build positions. The AI spending cycle still has legs — this looks like a multi-quarter story, not a one-day pop.