On June 22, Dell rose 3.53% in regular trading, reaching $438.835 per share with turnover of $606 million. The rally was driven by continued AI server demand momentum and a newly disclosed $1.44 billion U.S. Air Force contract awarded to Dell's Federal Systems division.
Dell's previously reported fiscal Q1 results underscored the AI infrastructure boom, with total revenue reaching $43.8 billion, up 88% year-over-year. AI server revenue surged 757% to $16.1 billion, while backlog exceeded $51.3 billion. Management raised full-year AI server revenue guidance from $50 billion to $60 billion. Goldman Sachs recently projected the AI server market will reach $1.24 trillion by 2030, citing Dell's performance as core validation of sustained AI compute demand expansion.
Within the Technology Hardware, Storage & Peripherals sector, peer Super Micro Computer surged 11.06% on the same day, reinforcing the trend of AI compute demand accelerating from hyperscalers into enterprise markets. SanDisk rose 3.35%, Seagate gained 1.71%, and Apple added 1.05%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)