StocksMedium•13 November 2026•
1 min read
Dell and HPE Shares Slump as NVIDIA Turmoil Hits AI Hardware Sector
Key Facts
1Dell shares tumbled 8%, causing the GraniteShares 2x Long DELL Daily ETF to plunge 16%.
2Hewlett Packard Enterprise shares declined 4% amid broader selling pressure on the technology sector.
3Bloomberg reported that turmoil surrounding NVIDIA is weighing on the AI trade.
Dell shares tumbled 8%, causing the GraniteShares 2x Long DELL Daily ETF to plunge 16%. According to 24/7 Wall St., Hewlett Packard Enterprise shares declined 4% amid broader selling pressure on the technology sector. Bloomberg reported that turmoil surrounding NVIDIA is weighing on the AI trade, reversing recent momentum in the hardware space.
DELL closed at $371.17 on November 12, 2026, while HPE closed at $50.16 on the same date. In trading on November 13, 2026, NVDA was trading at $160.84 and TSM was trading at $395.24. Among industry peers, AMD closed at $585.3 and INTC closed at $61.2 on November 12, 2026.