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Dell surges 32.8% on Q1 earnings beat and record AI server revenue growth
- Dell Technologies shares jumped 32.8% to close at $420.91 on Friday following a blowout first-quarter earnings report.
- The computing giant raised its full-year outlook as first-quarter AI-optimized server revenue surged 757%, driven by booming demand for artificial intelligence infrastructure.
- Trading volume reached 38.18 million shares, representing more than five times its recent daily average.
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Conclusion
DELL rose from $317.05 to $420.91 (+32.76%) on 2026-05-29. Q1 FY27 revenue reached $43.8B (up 88% YoY), with AI-Optimized Server revenue of $16.1B (up 757% YoY) and Traditional Servers revenue of $8.5B (up 92% YoY). Company booked $24.4B in AI orders and raised full-year revenue guidance to $165-169B. Today's volume was 38,175,314 vs. a 20-day average of 7,450,574 (5.12x).