HP Enterprise and Super Micro Computer shares are surging in pre-market trading, getting a big boost from rival Dell's strong Q1 results.
Dell’s $16.1 billion in AI-optimized server sales for the quarter alone proved that enterprise data center demand is accelerating faster than Wall Street anticipated. The company posted revenue of $43.8 billion, exceeding Wall Street estimates of $35.5 billion. Management now sees full-year sales of about $167 billion, well above the $142 billion anticipated by analysts.
The read-through is particularly relevant for Super Micro, one of the largest suppliers of Nvidia-powered AI server systems, and HPE, which has been expanding its AI infrastructure and liquid-cooling offerings through its partnership with Nvidia.
The moves suggest investors view AI infrastructure as a broad spending cycle that benefits server makers across the entire ecosystem.