Shares of Hewlett Packard Enterprise fell 5% amid concerns about how AI infrastructure investments will be financed, extending a selloff in hardware stocks. Super Micro Computer and Dell also dropped 7% and 3%, respectively, as investors question the sustainability of AI-related hardware spending. Barclays downgraded Hewlett Packard Enterprise and Dell to hold, citing that current hardware revenue gains are largely due to higher memory prices rather than increased AI spending by businesses. The key factor going forward is whether enterprise AI budgets will grow to support demand for servers and networking equipment, which could stabilize or boost these stocks if confirmed.
Hewlett Packard Enterprise shares are down 4.93% at USD 55.74 on Pluang as of Oct 16, 2026 22:51 WIB, closely matching the reported 5% fall. Super Micro Computer is trading at USD 32.42 with a 7.61% drop, reflecting a sharp selloff in hardware stocks. Dell shares also declined by 3.23%, priced at USD 458.73, showing continued investor caution in the tech sector.
Barclays downgraded Dell Technologies, Hewlett Packard Enterprise, and NetApp from buy to hold, citing concerns about the timing of enterprise AI spending rather than demand collapse. Dell's recent revenue gains are partly due to higher component pri...
Dell's stock fell 11% following Barclays' downgrade of Dell, HPE, and NetApp due to concerns that enterprise AI adoption is not progressing as expected. Barclays analysts noted that recent revenue gains are driven more by rising memory costs than act...
Super Micro Computer's stock fell 8% to $35.85 following a contractor's guilty plea in a scheme diverting AI servers with NVIDIA chips to China, raising federal scrutiny of its supply chain. Although the stock is up 22% in 2026, it significantly trai...
Hewlett Packard Enterprise (HPE) has seen a significant stock rally following a July 2026 call highlighting its $6.3 billion AI backlog and attractive valuation. This surge reflects growing market confidence in HPE's transformation into a leading AI-...
