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HPE Lifts Sales Forecast on AI Demand for Servers, Networking

Hewlett Packard Enterprise Co. boosted its sales outlook for this fiscal year and next, saying artificial intelligence workloads are driving demand for servers and networking gear. Revenue will jump 34% to 37% in the year ending in October, and 15% at the midpoint of a range for the year that ends in October 2027, the company said Wednesday in a statementBloomberg Terminal. Both are increases from previous company forecasts and higher than analysts’ expectations — 31% and 12% on average for fisc...

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