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Hewlett Packard Enterprise Stock News
$69.33
7.36%
NYSE, Oct 02, 04:29 pm EDT.
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Hewlett Packard Enterprise shares rallied to a record high after the networking hardware maker raised its growth targets and said it struck a big server deal.
HPE stock gained 5% on Wednesday after Hewlett Packard Enterprise announced a $1.2 billion order from Vultr for AMD Helios AI Rack systems across Vultr's US data centers. The order marks HPE's first for the new AMD Helios system and gives the company a major customer for AMD's latest rack-scale AI platform.
Hewlett Packard Enterprise Co (NYSE:HPE, XETRA:2HP) shares rose nearly 5% Wednesday after the company announced a $1.2 billion order from cloud infrastructure provider Vultr for its new AMD Helios AI Rack systems.Β Vultr, the world's largest privately held cloud infrastructure company, will deploy the systems at its cloud data center locations in the United States.
Hewlett Packard Enterprise on Wednesday raised its long-term revenue growth forecast for its networking business, driven by the AI boom and βannounced a $1.2 billion order to provide AMD server racks βto cloud firm Vultr.
SUNNYVALE, Calif.--(BUSINESS WIRE)--HPE (NYSE: HPE) today announced a $1.2 billion order from Vultr, the world's largest privately-held cloud infrastructure company, to deploy AMD Heliosβ’ AI Rack by HPE systems at Vultr's cloud data center locations in the United States. It is HPE's first order for the new AMD Helios system, which features purpose-built HPE Networking scale-up switching and sof...
SUNNYVALE, Calif.--(BUSINESS WIRE)--HPE (NYSE: HPE) today is hosting HPE Networking Investor Day, where Networking business leaders will outline a strategy designed to accelerate profitable growth and long-term shareholder value creation in the AI era. The company will share how HPE plans to capture expansive demand across Data Center Networking, Routing, Campus & Branch, and Security, position...
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