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Hewlett Packard Enterprise forecast third-quarter revenue above Wall Street expectations on Tuesday, helped by upbeat demand for its artificial intelligence servers, sending its shares up 11% in. ....
The results reflect strong demand for the company's AI-optimized servers, powered by Nvidia hardware, as more firms seek high performance compute to run artificial intelligence applications. "AI systems revenue more than doubled from the prior quarter, driven by our strong order book and better conversion from our supply chain," said CEO Antonio Neri. The company is also witnessing increased demand for their hybrid cloud and data storage segments, helped by the AI integration. ....
Hewlett Packard Enterprise Sees Third-Quarter Revenue Above Estimates on Robust AI Demand usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
HCLTech acquires telecom business from Hewlett Packard Enterprise staffingindustry.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from staffingindustry.com Daily Mail and Mail on Sunday newspapers.