Dell Technologies Inc.

(NASDAQ:DELL) stock is trading 4.07% higher during Thursday's pre-market trading session following Chinese tech peer Lenovo's robust first-quarter results, boosting sentiment around the AI server space.

Lenovo posted better-than-expected fiscal Q1 results, with revenue jumping 43% year over year to a record $26.94 billion, driven by strong AI demand and PC sales.

Dell's shares have also been rising since Wednesday, as a stronger-than-expected outlook from Super Micro Computer Inc.

(NASDAQ:SMCI) spurred optimism around Dell’s AI infrastructure business.