Feb. 6 at 9:36 PM
$SMCI Quickly becoming a dominant player in the AI rack industry.
FY26 server revenue estimates are based on company guidance and segment disclosures. SMCI uses its FY26 revenue guide of ~
$40B, with the majority tied to AI servers and rack-scale systems.
$DELL’s figure (~
$40B) reflects Infrastructure Solutions Group server + networking revenue, incorporating its ~
$25B AI server target and existing enterprise server base.
$HPE’s estimate (~
$19B) extrapolates FY25 server revenue forward using its 17–22% FY26 growth guidance. Market share is calculated by dividing each company’s estimated server revenue by the combined total (~
$99B). Figures are directional and focus on server-side economics, not total company revenue.