Broadcom rallies on forecast for booming AI chip demand
(Reuters) – Shares of Broadcom soared 14% on Friday, with the chipmaker moving closer to $1 trillion in market value…
Tag: demand
Broadcom forecasts Q1 revenue above estimates on strong AI chip demand
By Arsheeya Bajwa and Zaheer Kachwala (Reuters) -Broadcom forecast quarterly revenue above Wall Street estimates on Thursday and predicted booming…
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…
Hewlett Packard Enterprise Surges on Strong AI Demand and Q4 Res
Hewlett Packard Enterprise (HPE, Financial) experienced a significant boost, exceeding analyst expectations in Q4 due to strong demand for AI…
HPE stock soars in response to AI demand, Q4 earnings results
Shares of Hewlett Packard Enterprise (HPE) are seeing gains of 10% Friday morning, the company citing sales growth tied to…
HPE surpasses forecasts in Q4 FY24, driven by AI-powered server demand
HPE outperforms expectations, driven by AI servers… Article Source https://www.techmonitor.ai/hardware/hpe-surpasses-forecasts-in-q4-fy24-driven-by-ai-powered-server-demand
Hewlett Packard Enterprise Beats Expectations With AI Server Demand
What’s going on here? Hewlett Packard Enterprise (HPE) exceeded Q4 estimates, with surging AI-driven server sales offsetting weaker performance in…
HPE beats quarterly results estimates on strong AI server demand | Communications Today
Hewlett Packard Enterprise (HPE.N), opens new tab beat Wall Street expectations for fourth-quarter revenue and profit on Thursday, as it…
Rising AI server demand drives another strong earnings and revenue beat for HPE – SiliconANGLE
Hewlett Packard Enterprise Co. delivered solid fourth-quarter financial results today, beating Wall Street’s expectations on both earnings and revenue, but…
:max_bytes(150000):strip_icc()/GettyImages-1166474639-18ade9df9ce54a8499bd6787c7205401.jpg?w=1200&resize=1200,0&ssl=1 "HP Enterprise Earnings Top Expectations as AI Demand Boosts Server Sales")
HP Enterprise Earnings Top Expectations as AI Demand Boosts Server Sales
Key Takeaways Hewlett Packard Enterprise reported better-than-expected fiscal fourth-quarter results, with server sales buoyed by strong artificial intelligence demand. HP…