HPE’s Strong AI Server Sales Drive Impressive Earnings Growth, Boosting Stock Value
Hewlett Packard Enterprise Co. saw a major surge in its stock price after reporting better-than-expected earnings and revenue, driven by increased demand for servers supporting AI workloads. Sales of AI servers were boosted by the availability of NVIDIA H100 GPUs. The company posted earnings of 42 cents per share, surpassing Wall Street estimates, with revenue … Read more