Speaking from the White House on Monday to announce the launch of “Trump accounts,” a new government-backed investment initiative for children, the president explicitly told the public to “go out and buy a Dell computer.” The endorsement came as Trump thanked billionaire company founder Michael Dell and his wife, Susan, for their massive $6.25 billion donation to fund the youth accounts, News.Az reports, citing Market Watch.
Following the shout-out, Dell’s stock skyrocketed nearly 9% in early trading before losing momentum and settling at a more modest 3.9% gain by the afternoon.
***
This isn’t the first time the president’s words have moved Dell’s market cap. Trump issued similar buy recommendations in February and May, both of which triggered immediate stock surges. However, the recurring endorsements have begun drawing intense scrutiny.
A recent financial disclosure revealed that President Trump personally owns more than $1 million worth of Dell stock. Ethical concerns escalated further after the Department of Defense awarded a massive $9.7 billion blanket purchase agreement to a Dell subsidiary, raising sharp questions about the intersection of the president’s personal portfolio and federal contract decisions.
Yet, experts note that Trump’s vocal support isn’t the only thing driving the tech giant’s staggering 221% stock surge this year.
Behind the political headlines, Dell is quietly riding an unprecedented artificial intelligence boom. The company recently reported a jaw-dropping 757% year-over-year increase in AI server revenue, netting $16.1 billion in a single quarter. With a massive $51.3 billion AI order backlog and raised revenue projections of $60 billion for fiscal 2027, Dell’s underlying tech infrastructure business remains incredibly robust—even when the political hype fades.
