Dell Stock Surges 32% in One Day. Big Revenue From AI Servers Stuns Analysts (cnbc.com)
- Reference: 0183448884
- News link: https://slashdot.org/story/26/05/29/2033206/dell-stock-surges-32-in-one-day-big-revenue-from-ai-servers-stuns-analysts
- Source link: https://www.cnbc.com/2026/05/29/dell-stock-earnings-ai-servers.html
"Shares are now up 234% in 2026."
> Dell, which reported [2]first-quarter earnings after the bell on Thursday, saw a flood of artificial intelligence-related demand for its servers, which contain graphics processing units from companies like Nvidia. Quarterly revenue soared nearly 88% year over year, with AI server revenue alone increasing 757% from a year earlier to $16.1 billion...
>
> Ben Reitzes, head of technology research at [research/investment firm] Melius, said he'd "never seen anything like" Dell's latest quarter. "They beat every line in the model, so this wasn't just AI, it was great execution," Reitzes told CNBC's "Squawk on the Street." "They beat whatever we would've thought...."
>
> Morgan Stanley wrote that while they expected a clean beat and raise this quarter, they're "eating our humble pie" off the back of Dell's results. "We got this one wrong, and our model/PT are under review," the analysts wrote. "This was — across the board — one of the most impressive quarters we've seen in our time covering Hardware, especially in the context of what is happening across the component universe."
[1] https://www.cnbc.com/2026/05/29/dell-stock-earnings-ai-servers.html
[2] https://www.cnbc.com/2026/05/28/dell-q1-earnings-report-2027.html
Having Trump push contract doesn't hurt (Score:2)
When the Prevaricator in Chief buys your stock then promotes your company then pushes through a $9B govt contract you're having a good year. [1]https://www.yahoo.com/news/pol... [yahoo.com]
[1] https://www.yahoo.com/news/politics/articles/trump-bought-lots-dell-stock-212102280.html
We really have idiots in charge of everything (Score:2)
Massive AI data center boom and it took the announcement of the numbers for these chuckle fucks running the stock market to realize that why yes, one of the largest sellers of data center computers is going to be selling a lot of computers.
What I'm saying is that del should have been experiencing a slow steady rise as the AI data center boom took hold not a sudden 30% jump. This tells me that either we have idiots in charge or we have poorly written scripts masquerading as machine learning AI. Are the w
Here's how stupid this all is (Score:2)
Dell's stock rockets 32% because they're selling more AI-related servers than ever before. However, the only reason they are selling more AI-related servers than ever before is because of Nvidia, yet Nvidia's stock has barely inched upward in months. These two situations cannot both be correct
If Dell is selling servers out the wazoo because of Nvidia and its stock soars, then Nvidia must also be sellling GPUs out the wazoo and its stock shoulld likewise soar. Saying we're at peak AI which is why Nvidia ca
Re: (Score:2)
Exactly. This nicely shows the sheer irrationality of things. We can only hope that the upcoming crash will completely destroy the reputation of all these idiots and we get some sanity back in business decisions.
Re: (Score:2)
What upcoming crash? The same kinda crash like when businesses realized they can't replace meat-sacks on the line with robots? Funny how that worked out!
Dell Servers Haven't Degraded Like Their Laptops (Score:3)
Dell's laptops have really gone down the shitter in the past few years, but I've been extremely satisfied with their servers. Granted, I haven't used servers from any other company, but the couple of times I investigated alternatives I always came away with a strong preference for Dell.
Gold Rush (Score:2)
The AI Bros will point to this as evidence artificial intelligence is the real deal and there's money to be made by utilizing it. But Dell is profiting off selling hardware, like Nvidia. Why go on a wild goose chase for supposed riches when you can make money hand over fist selling shovels to rubes in suits.
Re: (Score:2)
Indeed. Meanwhile the indications that LLM-Type AI is not actually a game-changer are raising.
That change alone ... (Score:2)
... is a reliable indicator for insanity at work. People have lost all sense when they hear "AI". Not good.
At some point... (Score:2)
I hope to check here and _not_ see every post being about AI (y'know... normal tech news, like it used to be)... AI is going to take over every job you can imagine... move on! It's not going to happen by tomorrow, but it's gonna happen. Did companies turn around and say that they don't want to have these robots doing stuff on the assembly line?
And, it will change the landscape 1,000%... because you work in an office you think you're safe? AI can itemize and enter receipts 1,000 times faster than you can
Something Something Peanut Farm (Score:2)
> One big winner in the Dell pop is President Donald Trump, who became a shareholder in the first quarter, according to filings with the U.S. Office of Government Ethics. At a White House event earlier this month, Trump said, “Go out and buy a Dell.”
Re:Something Something Peanut Farm (Score:5, Informative)
> One big winner in the Dell pop is President Donald Trump, who became a shareholder in the first quarter, according to filings with the U.S. Office of Government Ethics. At a White House event earlier this month, Trump said, “Go out and buy a Dell.”
This also couldn't have hurt... [1]Dell wins a $9.7 billion Pentagon software deal after donating to Trump accounts [cnbc.com]
Possibly less dubious than this, though: [2]The White House Intervened to Get a $620 Million Deal for a Company Tied to Donald Trump Jr. [propublica.org] - company is Vulcan Elements.
Or... just Google [3]trump sons government contracts [google.com]
[1] https://www.cnbc.com/2026/05/27/dell-dod-pentagon-software-deal-digital-infrastructure-trump.html
[2] https://www.propublica.org/article/donald-trump-jr-vulcan-deal-white-house
[3] https://www.google.com/search?q=trump+sons+government+contracts
Re: (Score:2)
Dear lord, why would Hillary's emails allow this all to happen?
Re: (Score:2)
Hillary beat herself. She assumed she was going to carry some of the Midwest Northern states, didn't campaign there at all and it cost her in the end. The deplorables comment certainly didn't help either. The email server was just another stick on the proverbial camel's back. I mean, really, why didn't she just have a government email address to handle everything. You know, like every one else in government.
Obviously we've reached new lows since then, what with Trump's team using Signal (seriously, dumb fuc
Re: (Score:2)
"You know, like every one else in government."
Not everyone else in government was Secretary of State, where lots of classified got routed into her "server in a closet." Of course that is "insecure" and an actual violation of the espionage act, and no, you don't have to break those laws intentionally, its more like negligent homicide when you don't take proper care when wielding a weapon or driving a car without due regard for safety. You don't have to intend to violate the espionage act, you can do it jus
Re: (Score:2)
> Dear lord, why would Hillary's emails allow this all to happen?
Maybe they were on Hunter's laptop? :-)
On a related theme, imagine Biden or Obama doing just 10%, or any one, of the sketchy and/or self-serving things Trump has done / is doing and imagine how apoplectic Republicans, and Trump himself, would be.
Re: (Score:2)
Funny how everything ends up being a president (lower case on purpose) thing.
What're you going to gripe about (or who are you going to blame/accuse) when someone else is the Butt In Chair?