HPE Jumps After Reporting Strong Sales on AI Server Demand

HPE Jumps After Reporting Strong Sales on AI Server Demand

(Bloomberg) — Hewlett Packard Enterprise Co. reported revenue that beat analysts’ estimates on a big jump in sales of servers built to handle artificial intelligence work. The shares gained 17% in extended trading. Most Read from Bloomberg Fiscal second-quarter revenue increased 3.3% to $7.2 billion, the company said Tuesday in a statement. Wall Street projected …

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Hewlett Packard Enterprise CEO expects no China challenge on $14 billion Juniper Networks deal

Hewlett Packard Enterprise CEO expects no China challenge on  billion Juniper Networks deal

By Stephen Nellis (Reuters) – Hewlett Packard Enterprise (HPE) Chief Executive Antonio Neri told Reuters he does not foresee any major regulatory risks in China for his firm’s $14 billion bid to acquire Juniper Networks. HPE on Tuesday offered to buy the networking firm, which makes custom networking chips and gear that can be used …

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