Today: 29 May 2026
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BSE:ETERNAL 17 January 2026

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  • Super Micro Computer Shares Surge 8.14% After Blocking Illegal Export of Servers to China
    May 28, 2026, 6:28 PM EDT. Super Micro Computer (NASDAQ:SMCI) shares jumped 8.14% to close at $41.30 on Thursday following the company's collaboration with Taiwanese authorities to thwart an illegal attempt to divert Nvidia-equipped servers to China, leading to three arrests and seizure of 50 servers. Trade volume surged to 67.4 million shares, 74% above the three-month average. The company has faced scrutiny after a co-founder was arrested for smuggling AI servers. Meanwhile, the S&P 500 rose 0.57% and the Nasdaq Composite gained 0.91%. Dell Technologies also saw strong gains, jumping over 20% after hours on positive earnings. Analysts caution investors about Super Micro's compliance challenges despite the positive development.

Latest articles

Apple Hits Record Again, Market Waits for WWDC to Test AI Story

Apple Hits Record Again, Market Waits for WWDC to Test AI Story

29 May 2026
Apple shares rose 0.5% to $312.51 Thursday, hitting a record high as volume topped 48 million and market cap reached $4.6 trillion. Bank of America and Melius raised their price targets, citing AI and Siri upgrades expected at WWDC starting June 8. Apple reported Q2 revenue of $111.2 billion, up 17% from last year. CEO Tim Cook will become executive chairman on September 1.
Dell shares climb on $60B AI server outlook after record quarter

Dell shares climb on $60B AI server outlook after record quarter

29 May 2026
Dell Technologies raised its full-year sales and profit forecasts and set a fiscal 2027 AI-server revenue target of about $60 billion. Quarterly revenue hit $43.84 billion, up 88%, with adjusted earnings at $4.86 per share. Shares surged 22% after hours. Dell reported a record $51.3 billion AI backlog and said demand for AI servers continues to outpace supply.
HPE Earnings Preview: The AI-Networking Number Wall Street Is Watching Before June 1

HPE Earnings Preview: The AI-Networking Number Wall Street Is Watching Before June 1

29 May 2026
Hewlett Packard Enterprise will report fiscal Q2 results after markets close June 1, with analysts expecting revenue near $9.77 billion and adjusted earnings of 53 cents per share. Shares closed at $38.21, up 117.5% over the past year. Investors are watching whether networking and AI-infrastructure growth can sustain margins after the Juniper acquisition. HPE’s Q1 networking revenue jumped 151.5% year-over-year.
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