Hewlett Packard Enterprise’s stock surged over 15% in early U.S. trading after announcing stronger-than-expected quarterly results. The company reported earnings per share of $0.42 for the second quarter, surpassing projections of $0.39, with revenue hitting $7.2 billion, beating estimates of $6.83 billion. AI server sales for HPE more than doubled from the previous quarter, exceeding … Read more
:max_bytes(150000):strip_icc()/HPEChart-9f947cb0fa844eaebb2c4fbbcdb3b8d1.GIF?w=1500&resize=1500,571&ssl=1 "HP Enterprise Stock Soars Due to Increased AI Server Demand Leading to Earnings Beat")
HP Enterprise shares rose significantly in premarket trading on Wednesday following a strong earnings report that surpassed analyst expectations and led to an increase in full-year guidance. The company’s server revenue grew by 18% year-over-year to $3.9 billion, with AI systems revenue more than doubling sequentially to over $900 million, driven by a surge in … Read more
The Sierra Forest, a new CPU by Intel, is set to revolutionize the world of server CPUs with its high core density. The CPU features up to 144 Intel E cores, with a version boasting 288 cores planned to arrive next year. This product is focused on maximizing core density rather than performance per core, … Read more
Hewlett Packard Enterprise Co. saw its shares rise by 16% to hit a record high after reporting better-than-expected revenue in the fiscal second quarter, driven by strong sales of servers designed for artificial intelligence work. The company’s revenue in the period rose 3.3% to $7.2 billion, surpassing Wall Street’s projection of a 2% drop. Earnings … Read more
HPE announced its second-quarter financial results, with revenue of $7.2 billion, up 3%. The company saw significant growth in AI adoption, with over $900 million in AI systems revenue and a doubling of its AI business from the previous quarter. CEO Antonio Neri highlighted HPE’s leadership in water cooling technology for AI servers and its … Read more
HPE Stock is experiencing its largest gain since 2016 due to the increase in sales of AI servers. This growth in sales is significant for the company and has positively impacted its stock performance. The boost in demand for AI servers has played a crucial role in driving HPE’s stock value up, resulting in a … Read more
Galaxy is a platform used in computational biology that aims to make genomics research accessible to those without computer programming experience. BioNTech, a research team, faced challenges with its growth, including IT bottlenecks and a lack of streamlined workflow. They collaborated with AWS Professional Services to migrate and customize Galaxy on AWS to streamline their … Read more
Hewlett Packard Enterprise (HPE) recently reported a sales increase of over 12% in the third quarter, surpassing Wall Street forecasts. The growth was driven by the rising demand for AI-optimized servers, with companies like HPE supporting energy-intensive data centers due to investments in generative AI technology. CEO Antonio Neri shared that lead times for Nvidia’s … Read more
Bond University in Australia recently revitalized its aging hardware by utilizing the Nutanix platform to manage 700 on-premises servers. This decision was made in response to the need for a hardware refresh and a desire to enhance disaster recovery capabilities. Ann Yardley, the university’s IT director, expressed satisfaction with the cost-effective approach of utilizing Nutanix, … Read more
In this blog post, we will show you how to automate the process of downgrading from Microsoft SQL Server Enterprise or Standard Edition to SQL Server Developer Edition to save costs. Every day, customers benefit from cost savings, scalability, performance, and ease of management by running SQL Server on AWS. Implementing SQL Server Developer Edition … Read more