Dell's AI server sales exploded 757% — 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 32% in its best day ever. The blowout results are lifting the entire AI supply chain, including partner Palantir, which jumped 10%.
Idea
Dell's 757% jump in AI server revenue proves the AI hardware spending boom is real and accelerating, not just hype. When a major infrastructure player like Dell posts its fastest revenue growth since 2018, it signals that companies are writing real checks to build out AI capacity. Palantir, which directly partners with Dell on AI Factory deployments, is being pulled along for the ride. Momentum in stocks like this tends to persist for 1–3 weeks after a blowout earnings gap, as analysts raise targets and institutional investors rebuild positions they trimmed earlier.