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HPE surges 29% as AI infrastructure boom boosts server demand

HPE surges 29% as AI infrastructure boom boosts server demand June 2 : Hewlett Packard Enterprise shares rallied nearly 29 per cent in premarket trade on Tuesday, as investors cheered the AI server maker pulling forward its long-term financial targets by two years, buoyed by strong AI infrastructure demand. HPE, which competes with Dell Technologies and Super Micro Computer in enterprise servers, is seeing sustained demand as large enterprises bring forward purchases to avoid supply risks...

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