By Jaiveer Shekhawat
Publication Date: 2026-06-09 14:47:00
Investing.com – Dell Technologies and Hewlett Packard Enterprise remain attractive bets on both AI infrastructure spending and the recovery of the enterprise hardware market, even after strong gains in their share prices this year, Barclays said in a research note on Tuesday.
The brokerage said Dell has become a leading OEM in AI servers, benefiting from strong demand from enterprises, sovereign customers and newer cloud providers, while maintaining profitability in the business. Meanwhile, HPE is increasingly capitalizing on networking opportunities following its acquisition of Juniper Networks and has taken a more selective approach to AI server contracts.
Barclays said Dell has greater exposure to the artificial intelligence and cloud markets, estimating that such businesses will account for about 36% of its revenue in 2026, compared to about 17% for HPE. The company expects Dell to benefit most from demand for AI servers, while HPE…