Hewlett Packard Enterprise (HPE) has reported a significant quarterly revenue growth of over 30% in server sales, as the demand for artificial-intelligence servers continues to rise. This marks a notable performance by HPE, which was considered one of the underperforming big-name players in the AI server market this year.
The surge in AI-related server sales has led to HPE breaking its quarterly revenue record, surpassing analysts’ expectations. As the use of artificial intelligence (AI) expands across industries, companies are increasingly turning to cloud-based solutions and specialized servers designed to support AI workloads.
HPE’s strong Q4 performance is a testament to its ability to adapt to the rapidly evolving AI landscape, with its server sales witnessing a substantial increase. This growth can be attributed to the rising demand for AI-powered solutions across various sectors, including healthcare, finance, and technology.
The company’s stock has been gaining momentum this year, with HPE becoming one of the top performers in the industry. The surge in server sales is expected to continue as the AI boom shows no signs of slowing down.
Source: https://www.marketwatch.com/story/hpe-sees-more-than-30-growth-in-server-sales-as-ai-boom-rolls-on-f3ac4275