Dell Technologies Inc (NYSE:DELL) shares are advancing Wednesday as a blockbuster preliminary update from Super Micro Computer sent a bullish signal through the AI server space, lifting names tied to AI infrastructure demand.

July 21 : Super Micro Computer said on Tuesday it had secured more than $60 billion in new orders in the fourth quarter, and now expects gross margin to exceed its previous…

July 21 : Super Micro Computer said on Tuesday it expects to post fourth-quarter gross margins above its previous forecast, driving its shares up 16 per cent in after-hours…

AI server rivals Dell and Hewlett-Packard Enterprise also jumped.

AI server maker Supermicro's stock gains on $60B order backlog and stronger margins - SiliconANGLE

SMCI stock rallies as Super Micro reports a record $60B+ backlog driven by surging AI server demand. Get key price levels.

Dell Technologies Inc (NYSE:DELL) shares are advancing Wednesday as a blockbuster preliminary update from Super Micro Computer sent a bullish signal through the AI server space,…