Dell, HPE, and HP stocks surged over 8% driven by strong enterprise AI demand and PC/server refresh cycles. HPE benefited from Oracle's expanded partnership and $209B growth in performance obligations. RBC Capital Markets initiated coverage on Dell with an 'Outperform' rating, citing a $95bn AI server backlog and supply constraints. HP received a 'Sector Perform' rating, with analysts highlighting benefits from AI PC adoption and edge computing trends.
Dell, HPE and HP surge on AI enterprise demand and PC, server refresh
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