Hewlett Packard Enterprise Stock Soars on Strong Demand for AI Servers
Hewlett Packard Enterprise (HPE) stock is on the rise, nearing its 2018 record high, as investors rush to purchase shares driven by the company’s artificial-intelligence-focused servers powered by Nvidia chips. On Tuesday, HPE shares surged 4.5%, propelling the stock’s four-day run to more than 20%. This rally follows significant gains in the shares of Super Micro Computer and Dell Technologies, both of which have also witnessed a growing demand for AI servers.
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