Trump’s “Buy Dell” remarks caused stock price to rise 13% as Trump’s account donation triggered “quid pro quo” controversy
Donald Trump faces water pumping charges stock price Dell Technologies shares soared more than 14% at the peak of trading on Friday following his “Buy Dell” comments. On Friday, Trump said at a White House Mother’s Day event to “go out and buy a Dell,” and the stock hit $263.99.
final, Dell Technologies Shares closed at $260.46 on Friday, a record high for the maker of laptops and other hardware. However, consider that Dell owners Michael and Susan Dell donated $6.25 billion to Trump’s “Trump Account” program to support newborns.
event site, Donald Trump He thanked the Dell family for their contributions and even stuck his neck out to urge people to buy Dell products because “they’re great.”
“I want to thank the Dell family, which is a great family… He started building computers out of his bed in college and selling them because they were better than other computers,” he said. “So go out and buy a Dell. They’re great.”
However, despite the accusations, experts point out that part of the reason for the rise is a $43 billion backlog in the artificial intelligence and data center markets.
Also read: ‘They will stop laughing’: Trump issues new threats to Iran after Tehran responds to peace overtures
Susan and Michael Dell donate $750 million to University of Texas
On Saturday, it was reported that Michael and Susan Dell will donate $750 million to the University of Texas at Austin. The fund will be used to build an artificial intelligence-focused data center on campus.
The new data center facility will be called UT Dell Medical Center, the Dell family said in a statement. It is expected to open in 2030. They have previously donated more than $250 million to the university.
Also read: Trump reveals real reason he wants Elon Musk to audit Fort Knox gold reserves; ‘Let’s play along…’
The statement provided more details about the campus, noting that it will span more than 300 acres and will include a hospital with up to 500 beds.
“What makes this moment so meaningful is the opportunity to build something that brings together all parts of the journey — from how students learn, to how discovery is made, to how care reaches families,” the Dyers wrote in a statement.
According to Forbes, as of May 2026, Michael Dell and Susan Dell are worth approximately $180.8 billion.
