Dell Technologies shares surged 11% to an all-time high above $562 following RBC Capital Markets' initiation of coverage with an Outperform rating and a $640 price target. RBC highlighted strong enterprise demand for AI investments, compute modernization, and PC refresh cycles as key growth drivers. Dell reported record fiscal Q2 2027 revenue of $47 billion, up 58% year-over-year, and raised its full-year revenue guidance to $192 billion. The company’s AI server backlog of $95 billion offers multi-year revenue visibility, supporting optimism for continued market share gains and margin expansion.
Global PC shipments fell 21% year-over-year in Q3 2026 due to rising memory and component costs driven by high demand for AI servers. This has led to higher laptop prices, causing consumers to delay purchases and shrinking sales volumes. While compan...
Hewlett Packard Enterprise (HPE) stock climbed 4% driven by new AI partnerships with NVIDIA and Schneider Electric, focusing on secure and industrial edge AI solutions. Additionally, HPE announced its Spaceborne Computer-4 will be sent to the Moon's ...
The University of Texas Athletics, in partnership with Dell Technologies, Google Cloud, and SHI International, has launched Bevo Lab, a pioneering sports intelligence platform integrating AI, data analytics, and technology to enhance athlete performa...
Supermicro recently reported a record $60 billion order backlog and expects fiscal 2027 revenue between $65 billion and $72 billion, driven largely by AI data center demand. Despite this, its stock trades near 52-week lows at about 10 times forward e...
Super Micro Computer forecasted first-quarter revenue between $18.5 billion and $19.5 billion, significantly above its previous guidance of $14.5 billion to $15.5 billion, driven by strong demand for AI infrastructure. The company also expects improv...
