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HPE's Jon Green hears from customers about AI and networking. Their main question: Is self-driving real?
Jon says...
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
$HPE HPE Networking EVP: Management underestimated the strength of the cycle
"Quite frankly, we, including I, underestimated just how explosive the market growth is and also how good our execution is going to be in capturing that"
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Ask HPE and NVIDIA the AI data question you cannot ask in public
When HPE and Tottenham Hotspur Football Club partner, they score. ⚽️
They're teaming up to modernize the technology behind one of the world's leading sports and entertainment venues.
