Lenovo reported a record 43% revenue growth driven by AI infrastructure demand, lifting Dell and HP shares in premarket trading. Dell raised its AI server shipment guidance, and HP saw strong PC sales growth tied to AI adoption. Meanwhile, Cisco beat revenue and earnings expectations and raised guidance, but its stock dropped due to already high valuation and flat services revenue. Investors will watch if Dell and HP maintain gains and whether Cisco's decline affects other networking stocks.
Shares of Super Micro Computer rose 6% following its fiscal Q4 report showing strong revenue and optimistic guidance for fiscal 2027, with expected sales far exceeding estimates. This rally extended to peers Dell Technologies and Hewlett Packard Ente...
Shares of AI server and PC hardware makers like Super Micro, Dell, HPE, and HP rose sharply following Lenovo's impressive quarterly results. Lenovo reported a 43% revenue increase and a 176% jump in net income, driven by a 60% rise in AI-related reve...
The tech sector saw strong gains led by Dell Technologies, whose AI server business grew by 757%, driving its stock up nearly 10% to $484.49. Other companies like Nokia, Hewlett Packard Enterprise, Resideo Technologies, and Oracle also posted signifi...
Dell Technologies shares have risen 267% year to date, driven by a 757% increase in AI-optimized server revenue to $16.13 billion. Management projects AI server revenue could reach $60 billion by fiscal year 2027. Despite recent stock consolidation a...
Super Micro Computer's shares surged 13% after it reported a strong Q4 FY2026 and an optimistic fiscal 2027 outlook, with revenue guidance far exceeding estimates. This boost also lifted AI server peers Dell Technologies and Hewlett Packard Enterpris...
