Hewlett Packard Enterprise Sees Q2 Revenue Above Street Forecast on AI Server Demand
Hewlett Packard Enterprise has projected second-quarter revenue between $9.6 billion and $10.0 billion, a range that sits above the Wall Street consensus. The company attributes its outlook to growing demand for AI-optimized servers fitted with Nvidia chips, while reporting an 18% year-over-year rise in first-quarter revenue to $9.30 billion.