Reported about 13 hours ago
Hewlett Packard Enterprise outperformed Wall Street revenue expectations for the third quarter, reporting $9.14 billion driven by high demand for AI-optimized servers amid a surge in generative AI services. The company noted a significant year-over-year increase in both server and networking revenues, highlighting a 16% rise in server sales and a 54% increase in networking. With a positive outlook, HPE predicts continued growth and a strong fourth quarter.
Source: YAHOO