Tag: hpe
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HPE boosts networking growth outlook, gets $1.2 billion AI order from cloud firm Vultr
Sept 30 : Hewlett Packard Enterprise on Wednesday raised its long-term revenue growth forecast for its networking business, driven by the AI boom and announced a $1.2 billion order to provide AMD server racks to cloud firm Vultr.Shares of HPE rose nearly 6 per cent in premarket trading, as the company hosted
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HPE raises forecasts on AI demand, shares fall on supply concerns
Sept 2 : Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand across networking and servers drove growth across its business.However, the company’s shares slipped more than 3 per cent in extended
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HPE raises annual forecasts as AI, networking demand lifts quarterly revenue
Sept 2 : Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand across networking and servers drove growth across its business.Shares of the company, however, fell 8 per cent in extended trading.
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