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HPE: NETWORKING REVENUE SURGES 75% TO $2.89 BILLION AND SERVER SALES RISE 35% TO $6.77 BILLION, WHILE HPE SECURES A $3.5 BILLION AI SERVER DEAL WITH A MAJOR CLOUD CUSTOMER.
HPE RAISES FISCAL 2026-27 SALES OUTLOOK AS AI DEMAND DRIVES SERVER AND NETWORKING BOOM, WITH Q3 REVENUE JUMPING 34% TO $12.2 BILLION.
HPE'S CFO SAYS THAT AFTER QUARTER-END, HPE WAS AWARDED A MULTI-BILLION-DOLLAR SERVER DEAL WITH A HYPERSCALER CUSTOMER, AND EXPECTS AI SYSTEMS REVENUE TO IMPROVE SEQUENTIALLY INTO Q4 GIVEN THE TIMING OF BACKLOG CONVERSION.
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HPE'S CEO SAYS SUPPLY CONSTRAINTS CONTINUE TO AFFECT ITS ABILITY TO FULFILL INCREASED CUSTOMER DEMANDS, ADDING THAT SERVER DEMAND IS EXPECTED TO REMAIN EXCEPTIONALLY HIGH AS HPE'S PIPELINE REMAINS MULTIPLES OF ITS BACKLOG - CONF CALL
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HPE boosted its sales outlook for this fiscal year and next, saying AI workloads are driving demand for servers and networking gear
HPE AND ORACLE ARE EXPANDING THEIR NETWORKING PARTNERSHIP FOR AI DATA CENTRES, WITH HPE ISSUING ORACLE WARRANTS TO PURCHASE HPE COMMON STOCK
TODAY: HPE CEO @AntonioNeri_HPE joins "Squawk on the Street" for an interview.
Tune in to CNBC at 10 a.m. ET to watch.
JUST IN: HPE is expanding its Oracle partnership to deploy Juniper networking across OCI’s AI data centers globally under a potential multi-year deal.
We asked HPE experts for their take on some of the hottest trends in tech. 🔥
From quantum to digital twins, here's one expert's take on what these technologies mean for the future of enterprise AI.
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