Strong demand for servers leads to significant sales growth for HPE, but intense competition causes a decline in gross margin

Strong demand for servers leads to significant sales growth for HPE, but intense competition causes a decline in gross margin

AI server demand is strong, and HPE’s quarterly revenue exceeded expectations, but due to intense market competition, profit margins fell short of expectations.

The financial report from HPE, a computer hardware and storage device company spun…

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Bernstein Maintains ‘Hold’ Rating on Hewlett Packard Enterprise Company (HPE) Amid Mixed Financial Outlook and AI Server Challenges

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