HPE Lifts Forecast and Secures $1.2B AI Order
Hewlett Packard Enterprise raised its networking growth forecast and secured a $1.2 billion order to provide AMD server racks to Vultr. Shares rose in premarket trading as the company highlighted surging demand for artificial intelligence infrastructure.
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Hewlett Packard Enterprise raised its networking revenue growth outlook on Wednesday morning, backed by a $1.2 billion AI order from cloud provider Vultr. Shares rose 6% in premarket trading during the company's investor day. The expansion outpaces prior targets as enterprise demand surges for artificial intelligence infrastructure.
