Dell Stock Climbs as ‘Unprecedented Demand’ for AI Servers Powers Revenue Growth

Dell (DELL) reported fiscal first-quarter revenue that topped analysts’ expectations, driven by growth in artificial intelligence server sales.

Shares of the Nvidia (NVDA) partner rose about 4% in after-hours trading. The stock was down roughly 1% for 2025 through Thursday’s close.

Dell’s quarterly revenue grew 5% year-over-year to $23.38 billion, above the analyst consensus from Visible Alpha. Servers and networking revenue jumped 16% to a record $6.3 billion, driven by what Chief…