Hewlett Packard beats quarterly revenue estimates on robust server demand

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Hewlett Packard Enterprise beat Wall Street estimates for third-quarter revenue on Wednesday, driven by strong demand in its server and networking segments.

Demand for AI servers has surged as big tech companies and startups race to deploy generative AI services, such as ChatGPT, which require immense computing power.

The surge in GenAI has boosted demand for HPE’s AI-optimized servers, powered by Nvidia processors, which can run complex applications. HPE integrated Nvidia’s latest GPUs into its server portfolio in 2025.

“Customer demand stretched…



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Hewlett Packard beats quarterly revenue estimates on robust server demand



Hewlett Packard Enterprise beat Wall Street estimates for third-quarter revenue on Wednesday, driven by strong demand in its server and networking segments.

Demand for AI servers has surged as big tech companies and startups race to deploy generative AI services, such as ChatGPT, which require immense computing power.

The surge in GenAI has boosted demand for HPE’s AI-optimized servers, powered by Nvidia processors, which can run complex applications. HPE integrated Nvidia’s latest GPUs into its server portfolio in 2025.

“Customer demand stretched…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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