AI server makers Dell, HPE jump after Super Micro's strong outlook

Hewlett Packard Enterprise

22/07/2026 15:09

** Shares of AI server makers Dell Technologies DELL.N and Hewlett Packard Enterprise HPE.N jump on Weds in wake of Super Micro's SMCI.O upbeat preliminary results
** SMCI shares pop >20% after co said late Tues it secured more than $60 bln in new orders in fiscal Q4, and sees gross margins of 15%-17%, nearly double its previous forecast
** DELL up nearly 10%, HPE up 5% on the session
** AI infrastructure firms have seen increased demand as tech firms and hyperscalers ramp up investments in data centers to support large language models, other AI applications
** Investors will get critical insight on the AI buildout later on Weds, especially with Google parent Alphabet's GOOGL.O earnings on deck after the bell
** GOOGL shares up 0.5% on Weds
** Nvidia's NVDA.O stock edges up fractionally, Advanced Micro AMD.O up 0.4% 
** With moves on Weds, DELL has surged ~250%, HPE up 106%, while SMCI up ~7%

(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))