Billionaire Paul Singer Was Right About Hewlett Packard Enterprise (HPE)

Billionaire Paul Singer Was Right About Hewlett Packard Enterprise (HPE)

By Fahad Saleem
Publication Date: 2026-06-02 12:39:00

We just covered the

Billionaire Paul Singer’s 10 Best Stock Picks. Hewlett Packard Enterprise Co (NYSE:HPE) is ranked No. 6 (see Billionaire Paul Singer’s Top 5 Stock Picks).

Elliott stake: $652,911,510

HPE is rising as the company posted strong quarterly results and raised its full-year outlook. It’s turning out to be one of Singer’s most profitable bets. HPE is well positioned for the AI ​​revolution. It operates at the infrastructure layer that powers AI workloads. Create AI-optimized servers, storage systems, and high-performance computing clusters. These are the physical machines that are used to train and run large AI models. HPE’s core stack includes high-speed computing, storage, and networking. This forms the backbone of the AI ​​infrastructure. All three components are experiencing increasing demand. Enterprises are scaling up GPU-intensive workloads and creating larger AI clusters. GreenLake is another important growth catalyst for HPE. It is HPE’s hybrid cloud platform, offering…