Dell Technologies’ shares rise by roughly 40% following results that point to sustained demand for its Nvidia-powered AI servers. Multiple reports say the company is benefiting from corporate and cloud customers expanding AI infrastructure, shifting Dell’s growth narrative beyond traditional laptop and storage hardware. The Next Web reports that AI server build-outs drive record performance in the quarter and lead Dell to lift its forecast, contributing to the stock gains seen leading up to and following the earnings announcement. Channel NewsAsia similarly highlights the rally and attributes it to strong demand for Nvidia-based AI servers, noting the market reaction as investors respond to improved outlook and continued momentum in AI-related hardware sales. Both accounts describe Dell’s outlook as changing due to the acceleration of AI spending, and both link the stock performance to the company’s raised guidance and reported record figures tied to AI server demand. The reports do not provide detailed financial figures in the excerpts reviewed, but they are aligned on the core drivers: Nvidia-powered AI server demand, record quarterly results, and a raised forecast.