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HPE raises annual forecasts as AI, networking demand lifts quarterly revenue

Source: reuters.com

Artificial IntelligenceCorporate EarningsCorporate Guidance & OutlookCompany Fundamentals
HPE raises annual forecasts as AI, networking demand lifts quarterly revenue

Hewlett Packard Enterprise raised its annual forecasts after quarterly results beat Wall Street expectations, driven by surging AI-related demand in networking and servers. The upside guidance revision following the earnings beat points to improving fundamentals tied to AI infrastructure spend.

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