Hewlett Packard Enterprise Shares Jump 28% After Revenue Beat Fueled by AI Server Demand

Hewlett Packard Enterprise, traded under ticker HPE, rose sharply after reporting stronger-than-expected fiscal second-quarter results. According to the source, revenue reached $10.68 billion, nearly $1 billion above analyst estimates, as demand for AI servers helped drive a 40% year-over-year increase. One source described the stock as rising 28%, while an earlier version said it gained more than 33%, but both attributed the move to artificial intelligence-related demand.

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