Hewlett Packard Enterprise surged 9.02% to $61.64 on September 17, leading a broad rally in AI server and hardware stocks despite no company-specific announcement. Super Micro Computer rose 6.08% to $39.09, while Dell Technologies gained 3.36% to $582.20. The move extended momentum that began earlier in the week across memory-chip and semiconductor companies. Year to date in 2026, HPE has gained 153% and Dell has surged 343%. HPE reported record fiscal third-quarter 2026 revenue of $12.2 billion, up 34% from a year earlier, and lifted its full-year growth guidance to 34%-37%. Its Cloud & AI segment is now the company’s largest revenue driver, with AI networking orders reaching unprecedented levels and a reported backlog of $700 million. Oracle has projected fiscal-year capital expenditures of $90 billion to $95 billion and expanded its collaboration with HPE on AI data-center networking. Dell has secured large AI server orders from hyperscalers (large cloud infrastructure providers) and enterprise customers, while both Dell and Super Micro Computer have reported robust AI server backlogs.