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AI Momentum Fuels HPE’s Return To Revenue Growth But Profitability Has Yet To Enter The Picture
On Tuesday, Hewlett Packard Enterprise (NYSE: HPE) reported its fiscal second quarter results that surpassed estimates as its server business got a helping hand in the form of availability of AI chips from Nvidia Corporation (NASDAQ: NVDA). Although earnings fell compared to last year’s comparable quarter, the server and storage manufacturer, HPE lifted its full-year guidance. Fiscal Second Quarter Highlights For the quarter ended on April 30th, HPE reported revenue grew 3% to $7.2 billion, surp
Benzinga•
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