Dell's AI server sales explode 757% — ride the momentum on Dell and Palantir
Dell just reported its best quarter in years — AI server revenue exploded 757% higher than a year ago, sending the stock up over 30% in a single day. Partner company Palantir also jumped 10% as the results validated their joint AI business.
Idea
Dell's AI server revenue grew 757% year-over-year — that's not a gradual improvement, it's a demand surge that signals companies are rushing to build AI data centers. Multiple analysts raised their price targets after the report, meaning Wall Street still thinks the stock has room to run even after a 30% single-day pop. Palantir, which builds the AI software layer on top of Dell's hardware, rallied 10% the same day because the partnership is now producing real, measurable revenue. When two closely linked companies both gap up on the same fundamental catalyst, momentum traders typically see follow-through over the next one to three weeks as funds rebalance and latecomers chase.