On September 17, 2026, Hewlett Packard Enterprise (HPE) shares rose 9.02% to $61.64. This growth triggered a broader market rally for hardware and AI server manufacturers. Super Micro Computer shares increased by 6.08%, while Dell Technologies saw a gain of 3.36%. These movements occurred despite the absence of specific corporate news.
The year-to-date performance for these companies remains significant. HPE shares have grown by 153% since the start of 2026, while Dell has recorded a 343% increase. This trend follows earlier gains observed across the semiconductor and memory chip sectors throughout the week.
In its fiscal Q3 2026 report, HPE announced record revenue of $12.2 billion, representing a 34% year-over-year increase. The company updated its full-year growth guidance to a range of 34–37%. The Cloud & AI division is now the primary revenue driver, with networking orders for AI reaching a backlog of $700 million.
Oracle has announced projected capital expenditures of $90–95 billion for the fiscal year and expanded its partnership with HPE regarding AI data-center networking. Both Dell and Super Micro Computer continue to report substantial backlogs for their AI server portfolios, driven by demand from enterprise clients and hyperscalers.
