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HPE Surges 19% on Booming AI Server Demand and Raised Outlook

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The Story

News Summary

  • Hewlett Packard Enterprise shares surged 19.4% week-on-week, propelled by accelerating AI infrastructure investments and robust enterprise demand.
  • Supported by Oracle's expanding AI capex plans, HPE set an ambitious FY26 revenue growth target of 34% to 37%, underpinned by surging cloud and networking backlogs.
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NVDA price history

212.17 +17.98% over the displayed period

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