Dell Technologies (DELL) shares climbed 19% in extended trading after the company reported its fastest revenue growth since returning to the public market in 2018.
The server maker exceeded analyst expectations for both sales and profit, signaling a shift in its business strategy toward AI-driven infrastructure.
The stock's sharp rise comes amid broader market enthusiasm for companies building AI capabilities.
This follows similar gains for firms like Intel and Super Micro Computer, which have also seen strong investor reactions to recent earnings and guidance updates.
Dell's performance highlights its pivot toward data centers and AI servers, with the company assembling systems packed with graphics processing units (GPUs) to meet growing demand.
This strategic shift appears to be resonating with investors, who are increasingly prioritizing companies positioned to benefit from the AI boom.