Super Micro Computer shares rose 4% to $32.48, while Hewlett Packard Enterprise and Dell Technologies gained 4% and 3% respectively, boosted by a broad rally in AI server stocks after Super Micro Computer pre-announced a doubling of its fourth-quarter gross margin.
Super Micro Computer's stock price rose due to market expectations for its upcoming Q4 FY2026 earnings report. The company previously guided for a gross margin of 15% to 17% for the quarter, almost double its prior forecast, and reported a record order backlog exceeding $60 billion. The increases in Hewlett Packard Enterprise (HPE) and Dell Technologies' stock prices were primarily driven by overall market sentiment in the AI server sector.
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