Dell Shares Jump 32% as AI Server Revenue Explodes
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- Dell Technologies shares surged 32.76% on Friday, marking the company's best trading day and surpassing the prior 31.6% record from March 1 2024.
- Dell reported Q1 revenue up 88% YoY, AI‑server sales up 757% YoY to $16.1 billion, and adjusted EPS $4.86 beating $2.94 expectations.
- Morgan Stanley analysts admitted their forecasts missed Dell’s performance and are reviewing their models.
- President Trump urged Americans to buy Dell products after buying $1‑$5 million of Dell stock and receiving a $6.25 billion donation from the Dell family for a children‑focused program.
- Pentagon awarded Dell a $9.7 billion contract to supply software to the U.S. military.
Why it matters: Investors gain as Dell’s shares surge 32% and the company secures a $9.7 billion Pentagon contract, while competitors risk falling behind in AI server demand; Trump’s public endorsement urged consumers to buy Dell products, likely boosting demand.
