By Fiona Craig
Publication Date: 2026-05-29 14:30:00
AI Infrastructure Stocks Rebound After Dell Results
Hewlett Packard Enterprise (NYSE:HPE) rose 18% on Friday, while Super Micro Computer (NASDAQ:SMCI) advanced 10%, as investors responded positively to Dell Technologies’ (NYSE:DELL) better-than-expected earnings and improved outlook.
The earnings reflected growing optimism across the AI infrastructure sector, with traders betting that the strong demand trends seen by Dell could spread to other server and data center hardware vendors.
Dell Delivers Major Forecast Update
The rally was triggered by Dell’s quarterly results, which highlighted growing demand for AI-centric server systems powered by Nvidia technology.
Dell shares rose nearly 40% after management raised revenue and profit expectations for the year, adding more than $81 billion to the company’s market value in a single session.
The company increased its…
