HPE CEO: Market is realizing we 'have a big role to play in AI'

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 40 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Antonio Neri News

Hewlett Packard Enterprise

Shares of Hewlett Packard Enterprise (HPE) are soaring after reporting second quarter results that topped Street estimates and issuing better-than-expected...

CEO Antonio Neri is not surprised by the reaction to the earnings, saying"the market is finally waking up to the idea that HPE has a big role to play in AI." Neri argues that"HPE is uniquely positioned to capture the AI inflection point that we see continue to drive the momentum in hybrid cloud."

So HP is uniquely positioned to capture the A I inflexion point that we see continue to drive the momentum hybrid cloud. That's a unique opportunity for H PE, because H PE is one of the only companies that can actually do all type of cooling air cool, which is the traditional way to do it today. We guided the street between 11 and 13% so it's very, very positive since you worked so closely with NVIDIA Jensen for a while, I imagine.

Brian So HP today is one of the largest companies that has the water, cool, uh, infrastructure to build the system.You need a lot of water capacity and power to build that. Traders who scooped up Warren Buffett’s Berkshire Hathaway shares at a massive $620,000 discount during glitch will have their deals canceled by the NYSE

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AI productivity, HPE, CrowdStrike earnings: Market Domination OvertimeOn today's episode of Market Domination Overtime, Yahoo Finance's Julie Hyman and Josh Lipton reflect on the market close and the trading day's biggest...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Debt market access a challenge for hotel owners: Marriott CEOLeisure and international travel continue to be two of the biggest drivers for Marriott International (MAR), as the hotel operator expects 3 to 5% in...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »