Hewlett Packard Enterprise (HPE) has been in limelight for a range of activities; they reportedly had their first-ever
AI Day which had mixed reactions. Their
stock surged 28% but didn't quite excite experts due to its low P/E. Despite this, Jim Cramer believes HPE is a potential 'needle mover'. The company has also revealed new servers using
AMD chips targeted at vast AI projects, which together with
AI-driven revenues soaring, emphasizes their commitment to AI. They have also introduced a new
fanless direct liquid cooling system architecture, facilitating the needs of AI and data center environments. HPE's shares exhibit an impressive performance with shareholders earning a 15% CAGR over the last three years. The company also has been included in the
2024 Best Places to Work rankings. Commenting on their financial position, Susquehanna reaffirmed a 'Neutral' rating while Deutsche Bank maintained a 'Hold' rating. HPE reported an 18% YTD climb and introduced
purpose-built solutions, powered by AMD, to accelerate training for large, complex AI models. Furthermore,
Bank of America upgraded HPE on AI and cost cuts.
Hewlett Packard Enterprise Company HPE News Analytics from Sat, 02 Mar 2024 08:00:00 GMT to Sat, 12 Oct 2024 09:16:38 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 2
