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Tech stocks surge as Dell's AI server business grows 757%, boosting market gains.

Market News
12 Aug 2026
Gordon Thompson
View Source
Bullish
Tech stocks surge as Dell's AI server business grows 757%, boosting market gains.

The tech sector saw strong gains led by Dell Technologies, whose AI server business grew by 757%, driving its stock up nearly 10% to $484.49. Other companies like Nokia, Hewlett Packard Enterprise, Resideo Technologies, and Oracle also posted significant increases due to rising demand for AI infrastructure and strategic corporate moves. This surge highlights the growing investor focus on AI technology and related business developments, suggesting continued momentum in the sector.

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