Dell Technologies Inc. (DELL)
Dell is known for making computers, but today, its biggest business is AI servers. Dell is number one in the world in AI server sales, finishing its last fiscal year with an AI order backlog of $43 billion. At Dell World 2026, the company announced that 5,000 enterprises — including Eli Lilly, Honeywell and Samsung — are using its hardware to build their own AI infrastructure. While everyone debates AI, Dell is quietly delivering the hardware that makes it run.