HPE Expands AI and HPC Portfolio: How Should You Play the Stock?

Like
Comment
Favorite

HPE Expands AI and HPC Portfolio: How Should You Play the Stock?

Zacks11-14 23:56

Hewlett Packard Enterprise HPE shares have gained 21.6% in the past six months, outperforming the Zacks Computer and Technology Sector and the S&P 500 index’s return of 11.7 and 12.7, respectively. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2483384773?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/odQug1piJHGS3oO0hROJ2Q--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/6c529e5afd1736408b42a8697b4bee10","is_english":true,"pubTime":"2024-11-14 23:56","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2483384773","market":"us","top_or_hot":-1,"title":"HPE Expands AI and HPC Portfolio: How Should You Play the Stock?","media":"Zacks","content":"<div>\n<p>Hewlett Packard Enterprise HPE shares have gained 21.6% in the past six months, outperforming the Zacks Computer and Technology Sector and the S&P 500 index’s return of 11.7 and 12.7, respectively. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hpe-expands-ai-hpc-portfolio-155600128.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HPE Expands AI and HPC Portfolio: How Should You Play the Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHPE Expands AI and HPC Portfolio: How Should You Play the Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 23:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/hpe-expands-ai-hpc-portfolio-155600128.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hewlett Packard Enterprise HPE shares have gained 21.6% in the past six months, outperforming the Zacks Computer and Technology Sector and the S&P 500 index’s return of 11.7 and 12.7, respectively. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hpe-expands-ai-hpc-portfolio-155600128.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2125909247.SGD","symbol_name":"Natixis Thematics Meta H-R/A SGD","start_time":0,"source_url":"https://finance.yahoo.com/news/hpe-expands-ai-hpc-portfolio-155600128.html","article_id":"2483384773","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/odQug1piJHGS3oO0hROJ2Q--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/6c529e5afd1736408b42a8697b4bee10"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483384773","pubTimestamp":1731599760,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Hewlett Packard Enterprise HPE shares have gained 21.6% in the past six months, outperforming the Zacks Computer and Technology Sector and the S&P 500 index’s return of 11.7 and 12.7, respectively. HPE also outperformed the Zacks Computer - Integrated Systems industry's decline of 2.3% in the past six months. HPE’s outperformance reflects investors’ confidence in the company’s innovative portfolio, which is demonstrating significant growth in the high-performance computing  and artificial intelligence  space.HPE recently extended its footprint in the HPC and AI space with the introduction of new products, including new cooling systems, networking and storage components, AI-optimized servers and user service software. HPE’s new portfolio of compute systems also leverage accelerators from Advanced Micro Devices AMD, Intel INTC and NVIDIA NVDA, enabling users-tailored performance.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","NVDD":"Direxion Daily NVDA Bear 1X Shares","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","NVD":"GraniteShares 2x Short NVDA Daily ETF","NVDS":"Tradr 1.5X Short NVDA Daily ETF","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","NVDU":"Direxion Daily NVDA Bull 2X Shares","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU1861127337.USD":"ALLIANZ GLOBAL MULTI ASSET SUSTAINABILITY BALANCED \"AMG\" (USD) INC","HPE":"慧与科技","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","AMD":"美国超微公司","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","SG9999015978.USD":"利安颠覆性创新基金A","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","INTC":"英特尔","NVDA":"英伟达","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","3NVD.UK":"LS 3X NVIDIA","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","BK4554":"元宇宙及AR概念","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","2NVD.UK":"2X NVIDIA ETP","LU2092937148.SGD":"Blackrock ESG Multi-Asset A8 SGD-H","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","SNVD.UK":"LS -1X NVIDIA","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","BK4534":"瑞士信贷持仓","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","SG9999014542.SGD":"United Income Focus Trust Acc SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","NVD2.UK":"2X NVIDIA ETP","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","NVD3.UK":"LS 3X NVIDIA","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","NVDS.UK":"LS -1X NVIDIA","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)"},"translate_title":"HPE扩大AI和HPC产品组合：您应该如何投资该股票？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMD":1,"HPE":1,"INTC":1,"NVDA":1,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"SNVD.UK":0.6,"3NVD.UK":0.6,"2NVD.UK":0.6},"content_text":"Hewlett Packard Enterprise HPE shares have gained 21.6% in the past six months, outperforming the Zacks Computer and Technology Sector and the S&P 500 index’s return of 11.7 and 12.7, respectively. HPE also outperformed the Zacks Computer - Integrated Systems industry's decline of 2.3% in the past six months. HPE’s outperformance reflects investors’ confidence in the company’s innovative portfolio, which is demonstrating significant growth in the high-performance computing (HPC) and artificial intelligence (AI) space.\nHPE recently extended its footprint in the HPC and AI space with the introduction of new products, including new cooling systems, networking and storage components, AI-optimized servers and user service software. HPE’s new portfolio of compute systems also leverage accelerators from Advanced Micro Devices AMD, Intel INTC and NVIDIA NVDA, enabling users-tailored performance.\nThe newly launched HPE Cray Supercomputing EX4252 Gen 2 Compute Blade features a one-rack unit system capable of carrying up to 98,304 cores in a single cabinet. The accelerator is equipped with eight 5th Gen AMD EPYC processors for high performance workloads. Another accelerator namely the HPE Cray Supercomputing EX154n is capable of accommodating up to 224 NVIDIA Blackwell GPUs in a single cabinet.\nOn the networking front, HPE has launched Slingshot interconnect 400, which integrates network interface controllers, cables and switches to offer 400 gigabit-per-second of data speed. HPE has also unveiled Cray Supercomputing Storage Systems E2000, which doubles the input-output operations compared to the previous generation. Based on an open source Lustre file system, the E2000 optimizes CPU and GPU-based operations by cutting down the idle time.\nIts latest servers include the ProLiant Compute XD680 server and XD685 server. The ProLiant Compute XD680 server is integrated with Intel Gaudi 3 AI accelerators while the XD685 server will either come with NVIDIA H200 SXM Tensor Core GPUs or NVIDIA Blackwell GPUs. Both these servers are AI-optimized and developed with price-for-performance efficiency. HPE has also launched user service software to enable its customers to optimize power consumption and system efficiency and offer flexibility across various devices.\nHewlett Packard Enterprise 6 Month Performance\nImage Source: Zacks Investment Research\nHPE Focuses on Expanding AI Portfolio\nHPE is continuously expanding its portfolio. In the fourth quarter of fiscal 2024, HPE expanded its portfolio with multiple product launches. Hewlett Packard has expanded the capabilities of its Aruba Networking Central with new capabilities like AI insights, OpsRamp integration, improved configuration engine, enhanced network visibility and AI-powered network optimizations.\nHPE also launched the ProLiant DL145 Gen11 server, ProLiant Compute XD685 and the industry’s first 100% fanless direct liquid cooling systems architecture in the ongoing quarter. The company also unveiled HPE Private Cloud AI, which enables customers to launch generative AI virtual assistants rapidly by using private data.\nHewlett Packard Enterprise views AI, Industrial Internet of Things and distributed computing as the next major markets. Therefore, the company has invested multi-billion dollars over the past few years to enhance its capabilities across the aforementioned space.\nHPE is also reaping the benefits of its investments. In the third quarter of fiscal 2024, HPE achieved approximately $1.3 billion in revenues from its AI systems this quarter, marking a 39% increase compared with the second quarter. In the storage division, HPE has experienced double-digit growth in orders of the HPE Alletra Storage lineup. The HPE GreenLake hybrid cloud SaaS offerings also experienced double-digit growth in that quarter.\nNear-Term Headwinds Exist for HPE\nHewlett Packard Enterprises’ near-term prospects might be hurt by softening IT spending. Higher interest rates and inflationary pressures are hurting consumer spending. On the other hand, enterprises are postponing their large IT spending plans due to a weakening global economy amid ongoing macroeconomic and geopolitical issues. This does not bode well for HPE’s prospects in the near term.\nThe United States and China’s tit-for-tat trade war is a major threat to the company. Further, longer sales cycles, which are stretching the time to close certain deals are a major overhang. Execution challenges faced by the company across some of its business units are hurting its top-line growth.\nThese factors have pressured HPE's revenues, leading the company to set modest fiscal 2024 sales growth expectations of only 2-3%. The Zacks Consensus Estimate for fiscal 2024 revenues is pegged at $29.9 billion, indicating year-over-year growth of 2.71%.\nHPE expects its non-GAAP EPS in the range of $1.92-$1.97. The Zacks consensus estimate for the same is pegged at $1.95, suggesting a year-over-year decline of 9.3%.\nWhat Should Investors Do?\nAlthough HPE is rolling out innovative products that are well received by its customers, the current macroeconomic condition of the company is acting as a major headwind for it.\nConsidering all these factors, we suggest investors to retain this Zacks Rank #3 (Hold) stock at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nIntel Corporation (INTC) : Free Stock Analysis Report\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nHewlett Packard Enterprise Company (HPE) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Product Release","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}