New York, June 1, 2026, 09:03 (EDT)
- HPE traded up 5.1% in after-hours ahead of Monday’s NYSE open, with its latest quarterly numbers expected after the bell.
- Dell shares surged on Friday after a strong quarter for its AI server business, giving a boost to other names in the server space like HPE and Super Micro. The move has traders focused on HPE’s guidance.
- HPE introduced a ProLiant server built around Nvidia’s Vera CPU. The server is geared toward agentic AI, meaning it’s designed for systems that handle multi-step jobs with limited human input.
Hewlett Packard Enterprise shares were pointed up 5.1% to $45.27 in premarket trading at 8:54 a.m. Eastern on Monday, set for another jump as investors looked ahead to the company’s quarterly numbers coming after the bell. The move follows a Friday close at $43.07 and comes as the company’s new Nvidia-based server draw attention.
Investors are watching now to see if the AI-server rally goes past Dell. AI servers are built to handle artificial-intelligence tasks. Dell put up $16.1 billion in AI server revenue last quarter, passing its PC sales. HPE and Super Micro Computer each jumped about 14% on Friday after Dell’s results, according to .
Timing is tight as HPE gets set to report fiscal Q2 after the bell. Analysts expect earnings of 54 cents a share on $9.78 billion in sales. The call is slated for 5:00 p.m. ET.
NYSE trading was still closed at the time of writing. The main session is scheduled from 9:30 a.m. to 4:00 p.m. ET, and June 1 is not a market holiday in 2026 according to the .
HPE announced the ProLiant Compute DL394 Gen12 server with Nvidia’s Vera CPU before the bell. The machine targets agentic AI, reinforcement learning, and workloads with big data demands. HPE said it plans to make the server available in fall 2026.
Antonio Neri, CEO at HPE, said the company is delivering “a new class of infrastructure.” NYSE Group President Lynn Martin said the exchange’s work with HPE and Redpanda is about “latency, throughput, and reliability.” Nvidia CEO Jensen Huang said, “Agentic AI has arrived.” Hewlett Packard Enterprise
Supplier news is giving Nvidia a lift. The company also rolled out new tech meant to put AI into PCs and pointed to Vera, a CPU built for AI agents, with OpenAI, Anthropic and SpaceX among first users, Reuters said from Computex in Taipei.
Dell’s results are starting to be seen as a guide for the group, analysts say. KeyBanc’s Brandon Nispel said Dell called demand “broad-based and structurally supported,” while agentic AI is pushing more use cases, Barron’s reported. Barron’s
HPE hasn’t been quiet. In March, the company reported an AI backlog of more than $5 billion, saying 64% came from enterprise and sovereign buyers. The company guided second-quarter revenue to $9.6 billion to $10.0 billion and lifted its fiscal 2026 adjusted earnings target to $2.30 to $2.50 per share.
Wall Street futures signaled a higher open on Monday, with S&P 500 futures up 0.20% and Nasdaq 100 futures 0.14% higher at 8:11 a.m., as AI gains looked to lift sentiment more than concerns about U.S.-Iran tensions, Reuters said.
Little margin for error is left here. HPE has said it’s short on supply for current demand and sees high prices lasting into 2027. Nispel points to customers accelerating orders to lock in supply with prices moving around. Any slip in orders, weaker margins, or guidance that doesn’t support the new share price, and the premarket pop could fade just as quickly.
HPE’s numbers Monday are more about evidence than this quarter. Investors are watching if the company’s backlog, server sales and the Juniper networking unit can deliver profit from the AI buzz, not just move the share price up.
