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HPE AI backlog reaches $7.6 billion as memory shortages constrain growth

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  • Hewlett Packard Enterprise ended fiscal Q3 2026 with a $7.6 billion AI backlog.
  • $12.2 billion revenue rose 34% year over year; AI orders reached $2.4 billion.
  • HPE said DDR5 DRAM and NAND flash constraints are expected to persist into 2027.
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