Dell Technologies reported Q1 FY2027 revenue of $43.84 billion, beating estimates by 23%, with AI-optimized server revenue jumping 757% year over year to $16.13 billion. The company raised full-year FY27 AI server revenue guidance to approximately $60 billion.
Palantir and Dell unveiled a partnership on May 18 under which Palantir's Foundry and AIP platforms (software tools for data analysis and AI) will run on-premises within Dell's AI Factory, with Palantir Rubix and Apollo handling the zero-trust security layer for sovereign, defense, and regulated workloads.
Palantir stock trades at a P/E ratio of 203x; the bull case depends on sustained AI software demand and execution on the Dell partnership, while the bear case argues today's move reflects sympathy buying tied to Dell's results rather than Palantir-specific strength.
Summaries like this, every morning.
Pick your industry and the AI tools you use, and get news related to your work every day.
Free · 30 seconds with Google · unsubscribe anytimeWhat is AIToday? →
Ask AI anything about this article. The AI reads this article, earlier AIToday articles, and Wikipedia, and cites its sources. Q&As are published on this page for other readers too.
On the Motley Fool podcast, Ray Dalio said an AI bubble could burst relatively soon, citing higher interest ra…
SpaceX reported revenue up 161% with positive EBITA
S&P Global reports Q3 on Oct
BlackRock Fixed Income Senior Portfolio Manager Jeff Rosenberg said the bond market is reacting rationally to…
Corning reports Q3 before the open on Oct
Micron stock has jumped 220% in 2026 while Sandisk has gained 480%, but Micron sells both DRAM and NAND, with…
