# Dell Soars on AI, Gap Sales Outlook Dims _Dell Technologies' stock soared on strong AI server demand, while Gap Inc. saw its shares plummet after lowering its sales outlook due to underperforming brands._ **Published:** 2026-05-29 **Source:** https://www.startuphub.ai/ai-news/public-companies/2026/dell-soars-on-ai-gap-sales-outlook-dims --- In the dynamic world of stock market movers, two prominent retail and technology companies, Dell Technologies and Gap Inc., presented contrasting financial narratives. Dell surged on the back of robust demand for its AI-focused hardware, while Gap faced a downturn, projecting a lowered sales outlook. AI Server DemandDriver exceptionally strong performance in its AI server segmentFrom the article 4 mentionsDell surged on the back of robust demand for its AI-focused hardware, while Gap faced a downturn, projecting a lowered sales outlook.Gap Inc. UnderperformanceDriverunderperforming brands leading to lowered sales outlookFrom the articleIn the dynamic world of stock market movers, two prominent retail and technology companies, Dell Technologies and Gap Inc., presented contrasting financial narratives.Mixed SignalsContextNetApp and Autodesk also showed mixed financial signalsDell TechnologiesCorestock soared approximately 34% in pre-market tradingFrom the article 5 mentionsIn the dynamic world of stock market movers, two prominent retail and technology companies, Dell Technologies and Gap Inc., presented contrasting financial narratives.Gap Stock PlummetsOutcomeshares plummeted after lowering its sales outlookFrom the articleIn the dynamic world of stock market movers, two prominent retail and technology companies, Dell Technologies and Gap Inc., presented contrasting financial narratives.showsDell's AI ServersEffectFrom the article 6 mentionsDell's sales for AI servers saw an impressive year-over-year growth of 88%, marking its best sales year since it went public again in 2018. ## Dell Technologies Rides the AI Wave Dell Technologies Inc. [DELL](https://www.google.com/finance/quote/DELL:NASDAQ) experienced a significant uplift in its stock value, reportedly soaring approximately 34% in pre-market trading. This surge was attributed to the company's latest earnings report, which revealed exceptionally strong performance in its AI server segment. Dell's sales for AI servers saw an impressive year-over-year growth of 88%, marking its best sales year since it went public again in 2018. The company's CEO, Michael Dell, highlighted that the demand for AI infrastructure is a primary driver for this growth, with many businesses investing heavily in computing power to support artificial intelligence initiatives. ## Gap Inc. Faces Headwinds Conversely, Gap Inc. [GPS](https://www.google.com/finance/quote/GPS:NYSE) encountered a challenging market day, with its stock falling by over 15%. The company announced a reduced sales outlook, signaling difficulties in its key brands, particularly Old Navy and Athleta. Analysts noted that sales for Old Navy were down 1% year-over-year, with concerns raised about customer connection to merchandise and overall sales performance. Athleta also saw a decline, with sales down 11% year-over-year, indicating a struggle to resonate with consumers for its spring collections. The company's overall sales saw a modest 1% increase, but this was significantly below expectations, impacting investor sentiment. The full discussion can be found on **Bloomberg Podcast**'s YouTube channel. ![](https://img.youtube.com/vi/9vHR3i7sT0g/maxresdefault.jpg) Gap Lowers Sales Outlook; Dell Soars on AI Demand | Stock Movers, from Bloomberg Podcast ## NetApp and Autodesk Show Mixed Signals Beyond the major retail and tech giants, other companies also made headlines. Data storage provider NetApp Inc. [NTAP](https://www.google.com/finance/quote/NTAP:NASDAQ) reported strong earnings, with sales up 26% year-over-year and exceeding analyst expectations. The company projects sales of $1.8 billion for the current quarter, positioning it favorably in the data infrastructure market. Meanwhile, engineering software firm Autodesk Inc. [ADSK](https://www.google.com/finance/quote/ADSK:NASDAQ) saw its stock drop by 7% following the announcement of a $3.6 billion acquisition. While the deal is considered a strategic move by Wall Street, the significant cash and stock component led to a sell-off. --- Original analysis from [startuphub.ai](https://www.startuphub.ai), the #1 AI startup directory.