NetApp shares surged yesterday as investors continued to digest the company's record fiscal first-quarter results, which featured a 66.5% year-over-year increase in non-GAAP earnings and a 29.9% jump in revenue to $2.025 billion. The rally was further fueled by strong demand for AI infrastructure and modernization, evidenced by record all-flash array revenues of $1.309 billion. This momentum was bolstered by broader strength in the computer hardware sector, where peers like Hewlett Packard Enterprise and Dell Technologies also saw significant gains during the same session.