Dell

Dell reports fiscal Q2 results after the close on Sept. 1 with investors watching whether AI backlog converts to revenue, if new orders keep the backlog growing, and how AI server mix affects margins. The stock is up sharply year-to-date driven by large customers SpaceX and CoreWeave, but those public spending plans don’t fully match Dell’s booked orders. Last quarter gross margin fell to 17.8% as AI servers grew, and management has signaled AI server profitability sits at mid-single-digit operating income, leaving the current multiple vulnerable unless guidance and backlog expansion surprise to the upside. » Altro su finance.yahoo.com

Dell shares are up 248% year to date, significantly outperforming peers like Micron and AMD, prompting several analysts to raise their price targets—median target: $496.50. The growth driver is strong demand for AI servers, which Dell finances from its own cash flow, giving it competitive advantages. The upcoming quarterly report on Sept. 3 is seen as a litmus test for the sustainability of the rally and the resilience of the server business. » Altro su finanzen.net

Super Micro Computer beat expectations in the fourth quarter with EPS of $1.62 on revenue of about $11.12 billion and gave fiscal 2027 revenue guidance of $65–72 billion. Investors view the numbers as an early indicator of AI server demand, which lifted Dell and HPE shares in premarket trading; Dell reported a record AI-systems backlog of $51.3 billion, while HPE reported cumulative AI bookings of $16.4 billion and a current backlog of $6.3 billion. Industrywide AI investment remains high, with expected CAPEX spending above $730 billion in 2026 and broader demand from large cloud and enterprise customers. » Altro su finanzen.net