Dell Shares Surge 4.4% After Trump Endorses New Kids’ Investment Program

Dell Technologies' stock jumped 4.4% on Monday following U.S. President Donald Trump's endorsement of the company during the launch of the "Trump Accounts" program for children. Trump praised Dell founder Michael Dell for supporting the initiative and urged the public to "go out and buy a Dell computer."

The program, officially launched on American Independence Day, offers a government-funded $1,000 base investment for every American child born between January 1, 2025, and December 31, 2028. Additionally, Michael and his wife pledged to contribute $250 for each of the first 25 million children enrolled worldwide.

This is not Trump's first public promotion of Dell; in February, he commended the company for producing great products and acknowledged giving them free publicity, which also led to a rise in Dell's stock price. Beyond Trump's influence, Dell continues to benefit from growing demand for artificial intelligence servers, reporting $24.4 billion in AI-related orders and $16.1 billion in AI server revenue in the last quarter.

Jeff Clarke, Dell's Chief Operating Officer, stated that demand exceeded expectations across all business segments and regions, emphasizing that the AI opportunity shows no signs of slowing down.