HPE Shares Surge on Massive Guidance Hike Amid Strong Data Center Demand

Hewlett Packard Enterprise (HPE) shares rose nearly 25% after the company reported a strong fiscal Q2 and raised its full-year earnings guidance significantly. The new EPS outlook of $3.35 to $3.45 represents a near-42% increase from previous estimates, driven by robust demand for data center infrastructure related to AI.

By Zev Fima · CNBC ·

HPE Shares Surge on Massive Guidance Hike Amid Strong Data Center Demand

Tickers: $DELL $HPE

Topics: AI infrastructure data center demand server stocks

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