By IndexBox Inc.
Publication Date: 2026-03-09 21:28:00
March 9, 2026
Hewlett Packard Company has issued a second-quarter revenue forecast that beats analysts’ expectations, Reuters reported. The company anticipates that its performance will be bolstered by growing demand for AI-powered servers, which use processors from NVIDIA.
The company’s stock price rose in after-hours trading following the announcement. Industry-wide investment in AI infrastructure by major technology corporations is expected to reach a significant sum this year, a trend that is expected to benefit several equipment vendors, including HPE.
Company officials noted that order growth across all business segments was solid compared to the prior year. For the next quarter, HPE provided a range of revenue guidance that exceeds the average estimate compiled by LSEG.
In its most recent quarterly results, the company reported revenue that grew year over year, but narrowly missed analyst projections….
