HPE’s Strong AI Server Sales Drive Impressive Earnings Growth, Boosting Stock Value

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

AI Systems Propel HPE’s Quarterly Revenue Forecast, Reveals Blocks and Files

AI Systems Propel HPE’s Quarterly Revenue Forecast, Reveals Blocks and Files

HPE, a leading technology company, reported a three percent increase in revenue in its latest quarter, boosted by sales of artificial intelligence systems. This was a significant improvement from the previous quarter’s 14 percent drop in revenue. The company exceeded its revenue expectations, reporting $7.2 billion in revenue compared to the previous quarter’s outlook of … Read more

HPE’s stock sees record-breaking surge as it leads S&P 500 gainers

HPE’s stock sees record-breaking surge as it leads S&P 500 gainers

Shares of Hewlett Packard Enterprise (HPE) are soaring today, making it the top gainer in the S&P 500 index. The stock is on track to have its best day on record, with gains that have surpassed market expectations. Investors are reacting positively to recent news and developments within the company, which have boosted confidence in … Read more

HPE’s CEO Antonio Neri Discusses AI Systems Expansion, GreenLake Success, and Liquid Cooling Advantage

HPE’s CEO Antonio Neri Discusses AI Systems Expansion, GreenLake Success, and Liquid Cooling Advantage

El CEO de Hewlett Packard Enterprise, Antonio Neri, ha prometido un “momento épico” en la Conferencia Discover de HPE en Las Vegas, donde presentará la arquitectura de GPU Blackwell de Nvidia. Neri destaca la destreza de HPE en refrigeración líquida directa como clave para diferenciarse de los competidores. Con más de 300 patentes en ese … Read more

HPE’S Revenue Growth Accelerates with AI Momentum, Profitability Still a Challenge

HPE’S Revenue Growth Accelerates with AI Momentum, Profitability Still a Challenge

Hewlett Packard Enterprise (NYSE: HPE) reported its fiscal second-quarter results on Tuesday, with revenue growing by 3% to $7.2 billion, beating estimates. The company’s server business received a boost from the availability of AI chips from Nvidia Corporation (NASDAQ: NVDA). Despite a 19% decline in earnings compared to the same quarter last year, HPE raised … Read more

HPE’s Spaceborne Computer provides a blueprint for AI in space

HPE’s Spaceborne Computer provides a blueprint for AI in space

HPE’s Spaceborne Computer-2, currently on the International Space Station, has undergone a recent upgrade to handle more complex AI and machine learning tasks. Mark Fernandez, the chief scientist for HPE Space Technologies and Solutions, has praised the upgraded system’s capabilities, enabling a variety of experiments and applications. The original Spaceborne Computer, deployed in 2017, tested … Read more

HCL Technologies to Purchase Specific Assets of HPE’s Communication Technology Group for $225 Million

HCL Technologies to Purchase Specific Assets of HPE’s Communication Technology Group for 5 Million

Technology giant Nokia has struck a deal with HCLTech to transfer around 1,500 employees and 700 contractors with expertise in engineering services for the telecommunications industry. The employees are located in different countries such as Spain, Italy, India, Japan, China, America, and the APAC region. The agreement aims to strengthen HCLTech’s position in the telecommunications … Read more

HCLTech to Acquire Specific Assets from HPE’s Communication Technology Group

HCLTech to Acquire Specific Assets from HPE’s Communication Technology Group

IT services company HCLTech has announced its acquisition of certain assets of Hewlett Packard Enterprise’s Communications Technology Group (CTG). This acquisition will provide HCLTech with intellectual property, engineering and R&D talent, and relationships with global communications service providers (CSPs). The acquired services include solutions and system integration in areas such as business support systems, network … Read more

HCLTech to take over HPE’s Communications Technology Group in strategic transition deal

HCLTech to take over HPE’s Communications Technology Group in strategic transition deal

HCL Technologies has announced a $225 million deal to acquire assets from Hewlett Packard Enterprise’s Communications Technology Group (CTG). This strategic move aims to enhance HCLTech’s telecom services by integrating top engineering talent and advanced intellectual properties from CTG. The acquisition is expected to strengthen HCLTech’s position in the telecom industry, especially with global communications … Read more

HCLTech Expands Telecom Capabilities with Acquisition of HPE’s CTG Assets

HCLTech Expands Telecom Capabilities with Acquisition of HPE’s CTG Assets

HCLTech announced on Thursday that it will be moving into the telecom services market by acquiring certain assets of Hewlett Packard Enterprise’s Communications Technology Group (CTG). The deal, expected to be finalized within 6-9 months pending regulatory approvals, will bring together industry-leading intellectual property, engineering and R&D talent, and key customer relationships with leading suppliers … Read more