Dell Technologies' stock surged nearly 17% recently, driven by explosive demand for AI-optimized servers and infrastructure, pushing its year-to-date rally to 130%. The company reported a record $43 billion AI server backlog for fiscal 2026 and a 342% increase in AI server shipments year-over-year. Fiscal 2026 revenue rose 19% to $113.5 billion, with adjusted earnings per share up 27%. Dell raised its long-term outlook, projecting 7-9% annual revenue growth and over 15% EPS growth through fiscal 2030, fueled by ongoing AI infrastructure spending. Despite strong momentum, Wall Street analysts show mixed views, with an average 12-month price target suggesting potential downside from current levels.
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
AI-related hardware and chip stocks, including Dell, Micron, and SanDisk, experienced a significant selloff following news that Meta Platforms plans to lease surplus AI capacity. This raised concerns about potential overbuilding of data center infras...
Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. ...
Dell Technologies' stock surged 248% from December 2025 to July 2026, driven by a massive 87.5% revenue increase and a 757% jump in AI-optimized server sales. This growth reflects a broader AI infrastructure boom benefiting semiconductor, networking,...
