Dell Technologies shares surged 15% amid a broad rally in AI server stocks, driven by expectations of a strong fiscal Q1 2027 earnings report on May 28. Analysts predict Dell will beat revenue and EPS estimates and raise full-year guidance, supported by a record AI backlog and rapid growth in AI-optimized server sales. Hewlett Packard Enterprise also gained 9%, benefiting from AI-related capital spending, while Super Micro Computer lagged with a 5% rise due to recent company-specific challenges. Investors await Dell's earnings release for confirmation of the AI server growth story and guidance updates, which could influence the sector's momentum.
Carahsoft Canada Inc. and over 10 technology partners will exhibit advanced defense and security solutions at CANSEC 2026, Canada's premier defense event held May 27-28 in Ottawa. The event gathers military, government, and industry leaders to explor...
Bank of America forecasts Dell Technologies will exceed Wall Street expectations for Q1 revenue and earnings, driven by strong demand for AI servers and better-than-expected PC sales. The firm raised its price target to $280 and expects Dell to issue...
Bank of America forecasts Dell Technologies will surpass Wall Street expectations in its upcoming Q1 report, driven by strong demand for AI servers and better-than-expected PC sales. The brokerage raised its price target to $280 and anticipates Dell ...
Shares of Super Micro Computer rose 7% on May 20, outperforming peers Dell and Hewlett Packard Enterprise in daily trading due to improving sentiment after company-specific challenges like delayed filings and auditor changes. Despite the bounce, SMCI...
The AI market is evolving from focusing mainly on GPUs for training large models to increasing demand for CPUs to handle inference tasks, which involve running AI models in real-world applications. This shift highlights the growing importance of stea...
