HPE Stock Soars 5.14% on AI-Driven Q2 Revenue Surge!
Wednesday, Jun 4, 2025 5:04 am ET1min read
HPE--
NVDA--
Hewlett Packard Enterprise Company rose 5.14% in premarket trading, driven by the company beating Wall Street's second-quarter revenue and profit estimates. The surge in demand for Hewlett Packard's AI-optimized servers, powered by NvidiaNVDA-- processors, has been attributed to the boom in generative AI. The company also recorded an impairment charge of $1.36 billion in the reported quarter.
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