HPE’s strong performance in the server business is driving its growth and success. Sales of AI-oriented systems have more than doubled, with demand increasing and high-powered semiconductors becoming more readily available. Despite the competition from peers like Dell and Super Micro, HPE has seen a 3.7% increase in shares. Neri expressed confidence that the market will recognize the value of HPE’s AI server business following these results. For the fiscal year, HPE has raised its revenue outlook to a gain of 1% to 3%, up from its previous forecast of flat to 2%, with a projected profit of about $1.90 per share at the midpoint of its range.
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