Hewlett Packard Enterprise Just Delivered a Blowout Quarter. Is the AI Server Trade Heating Up?
Key Points HPE’s fiscal second-quarter revenue rose 40% year over year to a record $10.7 billion. New AI systems orders reached $1.8 billion, and the AI systems backlog grew to $5.9 billion. Management raised its full-year outlook above the targets it had set for fiscal 2028. 10 stocks we like better than Hewlett Packard Enterprise…