Dell's AI server sales just went vertical — ride the momentum on Dell and partner 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. Palantir, which partners with Dell on AI data centers, also jumped 10% as investors saw the results as proof that AI spending is real and accelerating.
Idea
Dell's AI server revenue exploding 757% higher is the strongest signal yet that companies are spending aggressively on AI hardware. When one company in a supply chain posts blowout numbers like this, its close partners tend to follow — Palantir already surged 10% on the news because it runs its AI Factory platform on Dell servers. Analysts are raising price targets across the board, and the broader software sector is having its best month since 2001, which means tailwinds are strong. This kind of earnings-driven momentum typically carries for 1–3 weeks as institutional investors reposition.