StocksMedium•5 November 2026•
1 min read
Dell, HPE, and Super Micro Sink Amid AI Hardware Sell-Off
Key Facts
1Dell Technologies stock sank 12% to $325 as the post-midterm sell-off in AI hardware extended for a second day.
2Hewlett Packard Enterprise and Super Micro shares tumbled 10% amid pressure on major server manufacturers.
Dell Technologies stock sank 12% to $325 as the post-midterm sell-off in AI hardware extended for a second day. According to 247wallst.com, shares of Hewlett Packard Enterprise and Super Micro also tumbled 10% amid intensified pressure on major server manufacturers.
The downturn follows a session where Dell Technologies closed at $371.41 on November 4, 2026, while HPE closed at $50.09 and SMCI finished at $29.60 on the same date. Investors are weighing the impact of the November 3 midterm elections on the AI data center build-out, despite Dell previously reporting record AI orders of $60.9 billion in its September financial results.