Dell Technologies and Hewlett Packard Enterprise shares surged 4% and 8% respectively due to strong demand for AI servers, with Dell reporting a record $95 billion AI order backlog. Both companies face supply bottlenecks, especially in memory chips like DRAM and NAND, which limit how fast they can fulfill orders. This supply constraint is critical for Dell's raised revenue forecast and will influence whether the current stock rally continues. Investors should watch upcoming reports on memory supply to gauge execution risks amid strong AI-driven demand.
Dell Technologies shares are up 4.49% on Pluang as of Oct 03, 2026 00:11 WIB, trading at USD 565.83. Hewlett Packard Enterprise is also rising sharply, gaining 7.76% to USD 69.63. Despite strong buying interest in Dell with 77% buy orders, HPE sees more selling pressure with 68% sell orders on the platform.
Hewlett Packard Enterprise (HPE) surged past its 52-week high, driven by strong AI-related networking revenue growth and a $3.5 billion server deal. Despite this, HPE trades at a lower forward P/E compared to competitors like Dell and Arista, suggest...
Dell's AI server segment generated $16.4 billion last quarter, driving a 330% stock rise this year. The company reported a $95 billion backlog and raised its full-year revenue guidance to $192 billion. Despite strong demand and bullish analyst rating...
Hewlett Packard Enterprise (HPE) shares rose 5% following a $1.2 billion order from cloud provider Vultr for AMD Helios AI Rack systems, marking HPE's first win for this platform. The deal includes networking, liquid cooling, and services across Vult...
Susquehanna has reaffirmed its Positive rating on Dell Technologies and set a $700 price target, suggesting about 28% upside from current prices. The firm highlights growing demand for AI inferencing as a major growth driver for Dell's server busines...
Dell Technologies reported a near doubling of its AI backlog to $95 billion and trailing twelve-month AI orders exceeding $131.7 billion. The company raised its fiscal year 2027 revenue guidance to about $192 billion and increased its earnings per sh...
