By Eric Bleeker
Publication Date: 2026-08-13 13:11:00
Quick Read
Lenovo’s 43% revenue surge and doubling server sales confirm AI infrastructure demand is crushing memory cost headwinds, lifting Dell and HP premarket.
Arista’s strong prior quarter raised the bar for Cisco, whose flat services revenue is deepening a selloff despite beating on revenue and EPS.
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Hardware stocks are splitting Thursday morning. Dell Technologies (NYSE:DELL) is indicated up 4% premarket and HP (NYSE:HPQ) is up 6%, while Cisco Systems (NASDAQ:CSCO) is down 7%. Two separate catalysts are driving the divergence: a blowout quarter out of Lenovo overnight and Cisco’s own fiscal fourth quarter results after Wednesday’s close. Premarket levels can shift by the bell.
