Dell Technologies shares rose 4.87% to $570 on Wednesday, reaching a new 52-week high after gaining about 3% Tuesday and falling nearly 6% Monday. The move came as Nasdaq futures rose 0.77% and S&P 500 futures gained 0.28%. Monday’s sell-off followed calls from Anthropic and OpenAI leaders to slow advanced artificial intelligence development over safety concerns, raising questions about future demand for chips and data-center hardware. President Donald Trump pushed back, highlighting AI and data centers as economic drivers and stressing competition with China. Dell has a Buy consensus rating and an average price forecast of $559, while RBC Capital, Evercore ISI and Citigroup have issued higher targets. Technical indicators continue to show a strong uptrend, although the stock’s distance above its moving averages increases the risk of a sharper pullback.