Dell Technologies crushed Wall Street's targets for its fiscal first quarter and with its bullish outlook. Dell stock jumped.

At Dell Technologies World, I test-drove Dell's upcoming Pro 3, Pro 5, Pro 7, and Pro Premium models—and several changes stood out immediately.

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Dell has gone from being a sleepy legacy tech company to a high-growth AI story, assembling servers packed with graphics processing units.

A unit of Dell Technologies Inc. won a $9.7 billion contract to help the US military handle its licenses for Microsoft Corp. software related to email, spreadsheets and other needs across classified and unclassified systems,

Company Says 'AI Opportunity Shows No Sign of Slowing'

The dynamic is emblematic of how business is seeking to sow favor with the president in his second term, and has departed from the norms of big business philanthropy.

Shares of Dell Technologies soared nearly 40 per cent in premarket trading on Friday, after robust demand for its Nvidia-powered AI servers prompted the company to raise its annual revenue and profit forecasts.

With U.S. stock markets set to open in two hours, Dell Technologies Inc. Cl C (DELL) was up 34.9% in pre-market trading, and NetApp Inc. (NTAP) was up 18.3%.

Ethics experts say Trump’s recent investments in and public praise for the tech company create the appearance of a conflict of interest.