Shares of Super Micro Computer Inc. (NASDAQ:SMCI) and Dell Technologies Inc. (NYSE:DELL) are moving higher in Monday’s extended session, riding the coattails of a blowout earnings report from Hewlett Packard Enterprise (NYSE:HPE) that sent a clear signal: enterprise AI infrastructure spending is alive and accelerating.
- DELL stock is climbing. See the chart and price action here.
Hewlett Packard Enterprise‘s Q2
Hewlett Packard Enterprise surged 36.40% after hours to $64.11 after reporting fiscal second-quarter results that handily topped Wall Street expectations on both the top and bottom lines.
The company posted earnings of 79 cents per share, demolishing the consensus estimate of 53 cents, while revenue of $10.68 billion crushed the $9.79 billion estimate.
CEO Antonio Neri called it “an exceptional quarter with record-breaking revenue,” crediting strong demand for AI infrastructure and the company’s expanded networking portfolio.
Looking ahead, Hewlett Packard Enterprise guided for fiscal 2026 revenue growth of 29% to 33% and fiscal 2027 growth of 8% to 12% — forward momentum that markets clearly found credible.
Dell and SMCI Climb
The read-through for server peers was immediate. Dell, which competes directly with Hewlett Packard Enterprise across enterprise infrastructure and AI servers, jumped 2.88% after hours, per Benzinga Pro — on top of a regular session gain of 10.72% that had already priced in some optimism heading into the print.
Super Micro Computer, a direct rival in the high-density AI server market, climbed 6.02% after hours.
The sympathy moves underscore the market’s view that HPE’s AI-driven demand surge isn’t company-specific — it’s a sector-wide tailwind.
With hyperscalers continuing to pour capital into data center buildouts, server makers across the board are seen as prime beneficiaries heading into the back half of 2026.
HPE Price Action: According to Benzinga Pro data, HPE stock was up 36.40% at $64.11 at the time of publication Monday.
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