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2 Data Storage Device Stocks Thriving From the AI Boom
MarketBeat· 2024-04-02 11:25
Key PointsWestern Digital supplies hard disk drives (HDDs) and solid state drives (SSDs) to data centers and retail customers with plans to split the two divisions into separate companies.Western Digital has seen AI accelerate the recovery in the storage device industry as it reraised its fiscal Q3 2024 EPS guidance.Seagate Technology is the largest HDD maker in the world and has bolstered HDD capacity up to 3X with its heat-assisted magnetic recording (HAMR) technology, which is integrated into its 30 TB H ...
Hewlett Packard Enterprise: A Supercomputer And AI Firm Trading For 8x Earnings
Seeking Alpha· 2024-03-20 22:25
JasonDoiy First wave artificial intelligence ("AI") stocks obviously include NVIDIA Corporation (NVDA) and Super Micro Computer, Inc. (SMCI), as these companies are already seeing a positive financial impact from orders. However, there is likely to be a second wave of AI-related stocks that have not yet seen a significant beneficial impact on profits, but potentially could in the near future. Nvidia CEO Jensen Huang recently said we are only at the beginning of an AI computing ramp that will last for years. ...
Hewlett Packard Enterprise (HPE) to Boost Houston Airports' Networking (Revised)
Zacks Investment Research· 2024-03-19 07:46
Hewlett Packard Enterprise (HPE) recently announced that its Wi-Fi 6E-enabled HPE Aruba Networking solution has been selected by Houston Airports. The airport has chosen HPE’s Aruba Networking solution to enhance its wireless and location-based services for approximately 60 million passengers and visitors.Houston Airports manages George Bush Intercontinental Airport and William P. Hobby Airport. The airport has created an application using the Aruba Meridian App Platform and HPE Aruba Networking Beacons. Th ...
Mike Lynch goes on trial over HP takeover of Automony
Proactive Investors· 2024-03-18 11:39
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
HPE Asset Upcycling Services Selected by Astellas Pharma to Support Sustainability Commitments and Drive Network Standardization
Businesswire· 2024-03-14 10:00
TOKYO--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that HPE Asset Upcycling Services have been selected by Astellas Pharma Inc. a global pharmaceutical company. Starting in Canada, these services provide the collection and processing of end-of-use network equipment as part of the company’s network standardization project and will contribute to Astellas’ efforts to achieve its sustainability goals. A first collection of networking assets is taking place in Canada today, with ot ...
Hewlett Packard (HPE) to Enhance Houston Airports' Networking
Zacks Investment Research· 2024-03-13 17:31
Hewlett Packard Enterprise (HPE) recently announced that its Wi-Fi 6E-enabled HPE Aruba Networking solution has been selected by Houston Airports. The airport has chosen HPE’s Aruba Networking solution to enhance its wireless and location-based services for approximately 60 million passengers and visitors.Houston Airports manages George Bush Intercontinental Airport and William P. Hobby Airport. The airport has created an application using the Aruba Meridian App Platform and HPE Aruba Networking Beacons. Th ...
Houston Airports Amp Up Traveler Experience with Next-Gen Mobility using HPE Aruba Networking
Businesswire· 2024-03-12 15:00
Hosting over 30 passenger airlines, Houston Airports is ensuring it can meet the mobile experience expectations of today’s travelers by rolling out high-performance, free guest Wi-Fi connectivity and debuting a step-by-step wayfinding app to help travelers get to their gate, baggage claim, and airport amenities. (Source: Houston Airports)Hosting over 30 passenger airlines, Houston Airports is ensuring it can meet the mobile experience expectations of today’s travelers by rolling out high-performance, free g ...
Is Hewlett Packard Enterprises Still a Cheap AI Server Play?
MarketBeat· 2024-03-12 10:11
Key PointsHewlett Packard Enterprises provides IT infrastructure solutions to business customers, including AI servers, storage and networking products.Super Micro Computers and Dell Technologies soared on their AI server business, surging their valuations to 58.99X and 18.54X forward earnings, respectively.Hewlett Packard Enterprises shares trade at 9.67X forward earnings as its AI server business was stifled due to GPU supply constraints, which it expects to normalize in the second half of 2024.5 stocks w ...
HPE Aruba Networking Positioned as a Leader for 18th Consecutive Time in 2024 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure Report
Businesswire· 2024-03-11 15:15
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced Gartner has recognized HPE Aruba Networking as a Leader in the 2024 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure. This is the 18th consecutive time that HPE Aruba Networking has been positioned in the Leaders Quadrant by Gartner. In the Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure report, Gartner evaluated vendors based on two primary criteria: Completeness of Vision and ...
HPE's Post-Earnings Rise Could Be Short-Lived
Schaeffers Research· 2024-03-04 20:24
Hewlett-Packard Enterprise Inc (NYSE:HPE) is soaring today, up 9.5% at $17.04 at last look, and extending Friday's post-earnings rise. The stock slipped immediately following the company's mixed fiscal first-quarter results and a disappointing second-quarter forecast, but finished the day with a 2.2% rise. Now, the shares are holding on to a slim 0.8% year-to-date lead. For those betting on a correction, however, HPE's rally has it running into pressure on the charts. According to Schaeffer's Senior Quantit ...