Dell Shares Rocket on AI Growth, Deal With U.S. Military -- WSJ

Dow Jones

05/29

Shares in Dell opened nearly 34% higher after the company reported red-hot growth in AI servers in its earnings on Thursday. New details also emerged about a $9.7 billion contract with the U.S. military, a contract that followed the disclosure of purchases of Dell stock by President Trump's money managers. Read more:

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

May 29, 2026 10:28 ET (14:28 GMT)

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New details also emerged about a $9.7 billion contract with the U.S. military, a contract that followed the disclosure of purchases of Dell stock by President Trump's money managers. Read more: \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. 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