3 Trump-Backed Stocks Making Waves: Palantir, Intel, and Dell in 2026

Here's something that caught my attention: Trump-endorsed stocks are all the rage lately. Whether you love or loathe the man, you can't ignore the impact his words have on the market. Look, whenever a former President champions a company, you know there's gonna be waves. This time, three stocks, Palantir, Intel, and Dell, are making all the noise.

Deep Dive: Numbers and Moves

Let's get into it. First, Palantir Technologies (NASDAQ: PLTR). It’s trading at about $142 now, down 6.5% from its latest session. Back in April, Trump praised its 'war-fighting capabilities', a bit ironic since the company actually makes AI software, not weapons. Since then, the stock climbed about 33% from its April low of $122, although it’s still stuck in a bearish trend until it breaks past $175.

Next up, Intel Corporation (NASDAQ: INTC). Trading at $108, it's slightly down but has surged by 250% since Trump’s administration took a stake in it. Intel's Q1 2026 earnings report was a major shift, pushing the stock to beat its August 2000 record high. The stock has skyrocketed from $40 in late March to a peak near $133, marking a substantial over 200% gain. Notice the bull flag? That's a good sign, but it needs to reclaim $124 to keep the momentum.

Then there's Dell Technologies (NYSE: DELL), trading around $435 after a dip of 6.58%. Back in May, Trump publicly endorsed buying Dell products. That pushed the stock from $155 to a record $469. Despite a recent pullback, factors like strong AI server demand and a $9.7 billion Pentagon contract still back Dell for future gains.

Broader Implications: What This Means for the Market

What does all this tell us? Well, Trump’s endorsement clearly packs a punch. But, here's the thing: is this all just hype, or is there real substance? For crypto enthusiasts, the tech focus on AI and server infrastructure implies an inevitable intertwining with blockchain innovations. Could these trends indicate a broader acceptance of decentralized tech in traditional markets?

Yet, let's not forget the state’s role here. The government’s stake in Intel, for instance, shows how intertwined politics and markets are. Permissionless technology remains our refuge in such a captured system. But how many investors are really paying attention to fundamentals versus the glitz of a high-profile endorsement?

My Take: What Should You Do?

So, should you jump on these stocks? Well, that depends. If you’re in for a quick buck, maybe. But if you’re looking for long-term security, always follow the incentives, not just the press releases. Palantir's AI focus, Intel’s semiconductor prowess, and Dell’s venture into AI servers have real implications for the future. But tread carefully. Remember, regulation by enforcement is still regulation. The state isn't protecting you. It's protecting itself.

To wrap it up, keep an eye on these stocks, but don’t ignore the broader market forces at play, especially how they intertwine with crypto and decentralized tech. After all, the code doesn't ask for a license.