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Trump endorses Dell computers, but analysts credit AI demand for stock surge

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President Trump publicly endorsed Dell computers from the Oval Office, which coincided with a notable rise in the company's stock price. However, market analysts attribute the stock surge primarily to Dell's booming AI server business rather than the presidential endorsement. Dell Technologies recently reported strong quarterly earnings and raised its AI revenue forecasts, further boosting investor confidence. The company's performance has propelled founder Michael Dell into the ranks of the world's five wealthiest individuals. Trump's endorsement also drew scrutiny from ethics observers, who raised concerns about a sitting president promoting a specific private company.

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