Dell Technologies Inc is trading 8.6% up at $457.11 as investors react to a blockbuster earnings report featuring a massive AI server ramp and raised full-year guidance.
- The company reported 88% sales growth and a surging backlog for AI-optimized servers, highlighting its strong positioning in the AI infrastructure space.
- Multiple Wall Street firms issued upgrades and aggressive price target increases, with some analysts lifting their outlook toward $500+.