Dell's cloud and AI infrastructure momentum drives record ISG revenues, with a $51.3B AI backlog and demand continuing to outpace supply.
Dell Technologies (NYSE:DELL | DELL Price Prediction) has been fundamentally reshaped over the past decade.
Super Micro Computer (NASDAQ: SMCI | SMCI Price Prediction) and Dell Technologies (NYSE: DELL) just reported quarters that tell opposite stories about the AI server boom.
The consensus price target hints at a 27.3% upside potential for Dell Technologies (DELL). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Shares of Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) are down 13% to $35 and change in mid-morning trading Wednesday, while Dell Technologies (NYSE:DELL) stock is moving in the opposite direction, up 4% to around $396.
MU and DELL surge more than 200% in 2026 as AI infrastructure demand grows beyond NVDA's GPUs.
Shares of Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) are down 11% at midday Tuesday, while Dell Technologies (NYSE:DELL) is sliding 9%.
Shares of Dell Technologies (NYSE:DELL | DELL Price Prediction) and Hewlett Packard Enterprise (NYSE:HPE) are gaining attention as both names extending a torrid one-month run powered by AI-server demand.
Dell's ISG revenues surge 181% to $29B on AI partnerships, while total revenues rise 88% as AI server demand and backlog fuel a strong growth outlook.
On February 19, 2026, President Donald Trump stood at a rally in Rome, Georgia and told the crowd to “go out and buy a Dell computer.
Dell's recent rally has CEO Michael Dell climbing the ranks of the world's richest people—and ahead of some big names.
MU, SNDK, STX, DELL and FIX are five large AI-centric growth stocks benefiting from massive AI infrastructure spending.