Dell Technologies' stock fell 11% following Intel's warning about memory shortages and a slowdown in PC demand, which also impacted HP, Hewlett Packard Enterprise, and Super Micro. The memory supply issues raise costs and limit shipments, pressuring PC and server makers. Despite this, Dell's strong AI server backlog of $95 billion and raised revenue outlook provide some cushion. Investors will watch upcoming earnings and memory market developments to gauge if AI demand can offset PC market weakness.
Dell Technologies shares dropped 12.44% to USD 416.23 on Pluang, with HP down 9.16% at USD 28.91 and Hewlett Packard Enterprise falling 7.90% to USD 54.23. Super Micro also declined 7.70% to USD 31.78. These moves reflect the market reaction to Intel's warning as of Oct 31, 2026 00:11 WIB.
Dell Technologies' AI-optimized server business is rapidly expanding, contributing to a 306% stock rally this year. The company reported strong revenue growth and raised its full-year guidance, driven by a record $95 billion AI backlog and $60.9 bill...
Supermicro's revenue nearly doubled amid the AI hype cycle, yet its stock trades 80% below all-time highs, reflecting market skepticism. The company reported a $60 billion order backlog, mostly AI-related, and expects fiscal 2027 revenue between $65 ...
Dell Technologies receives a Hold rating due to its impressive AI-driven growth and a $95 billion AI server backlog supporting strong revenue guidance, including a 70% year-on-year increase projected for FY27. The company benefits from operating leve...
