Shares of AI server companies Hewlett Packard Enterprise and Dell Technologies fell 4% and 3% respectively after a two-day rally, despite no new company news. Both had reported strong quarterly results and raised guidance, reflecting robust AI infrastructure demand, but profit-taking followed their significant year-to-date gains. Super Micro Computer, which had declined earlier, showed resilience with only a slight dip, supported by strong revenue growth and a record backlog. The sector remains supply-constrained, and analysts remain optimistic about future growth, though investors are watching for signs of continued profit-taking or broader market impact.
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...
Super Micro Computer reported preliminary revenue of at least $18.5 billion for Q1 FY2027, surpassing its own forecast due to strong AI server demand. This caused its shares to surge 12%, outperforming Dell and Hewlett Packard Enterprise, which also ...
Hewlett Packard Enterprise (HPE) shares fell 20.56% in a single week after an analyst downgrade questioned the sustainability of its AI-driven growth, despite the company reporting a 32.7% revenue increase and record backlog. The stock trades at a lo...
AI server stocks, including Super Micro Computer, Hewlett Packard Enterprise, and Dell Technologies, rallied strongly following a steep selloff last week. Super Micro led the gains with a 4% rise, supported by strong revenue growth and a new CFO focu...
