Aug. 7 at 5:01 PM
$SMCI The market keeps lumping SMCI, DELL, and HPE together, but they’re not the same story.
SMCI:
✅ AI-first infrastructure company
✅ Record
$60B+ in new orders disclosed for Q4 FY26
✅ Gross margin guided to 15–17% vs. prior expectations around 8%
✅ Built around liquid cooling, rack-scale AI systems, and rapid deployment for hyperscalers
DELL:
✔ Strong execution and enterprise footprint
✔ More diversified across PCs, storage, and services
➡️ AI is important, but it’s only one part of the business.
HPE:
✔ Solid enterprise networking and GreenLake offerings
➡️ AI is growing, but legacy businesses still weigh on overall growth.
If AI infrastructure spending continues to accelerate, the company with the most direct exposure has the most leverage to that growth. That’s why so many eyes are on SMCI’s August 11 earnings.
Bears keep recycling the same talking points while the AI infrastructure buildout keeps expanding. The numbers—not the noise—will decide who’s right.
#AI
$NVDA $DELL $HPE 📈
