Hewlett Packard Company (HPE) recently unveiled the Aurora supercomputer at Argonne National Laboratory in collaboration with the US Department of Energy and Intel Corporation (INTC). Aurora has demonstrated impressive performance, making it the second fastest supercomputer globally and the largest AI-enabled system. It has already been used for brain mapping and scientific research.
Aurora is powered by HPE Cray EX supercomputer and includes advanced components like HPE Slingshot, Intel Data Center GPU Max units, and Intel Xeon CPU Max Series processors. The supercomputer consists of 75,000 computing nodes, 2,400 storage and service network endpoints, and 5,600 switches, facilitating high-speed networking between Aurora’s 10,624 compute blades.
HPE has been making strides in the supercomputing space, securing partnerships with institutions like the University of Stuttgart and the UK government to develop cutting-edge supercomputers. Additionally, the company collaborated with Sauber Motorsport AG to enhance the aerodynamics of Formula One racing cars using high-performance computing systems.
The deployment of Aurora adds to HPE’s portfolio of supercomputers, driving growth in the artificial intelligence, machine learning, and high-performance computing market. HPE currently holds a Zacks Rank #3 (Hold), with INTC holding a Zacks Rank #4 (Sell). Both stocks saw positive returns last year.
Other notable stocks in the technology sector include AppFolio and Alphabet, each holding a Zacks Rank #1 (Strong Buy). The Zacks Consensus Estimate for AppFolio’s earnings per share in 2024 has been revised upward, with the stock seeing a significant rise in the past year. Similarly, the Zacks Consensus Estimate for Alphabet’s earnings per share in 2024 has also been revised upward, with the stock experiencing growth in the previous year.
In conclusion, HPE’s deployment of the Aurora supercomputer at Argonne National Laboratory showcases the company’s commitment to advancing in the supercomputing space. Collaborations with various organizations and ongoing developments in the technology sector position HPE well for continued growth and success in the future.
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