HPE raises networking growth outlook, secures $1.2bn AI order from Vultr
Hewlett Packard Enterprise raised its long-term revenue growth forecast for its networking business to a compound annual growth rate in the high teens from fiscal 2026 to fiscal 2029, up from its previous 5% to 7% forecast. The company also announced a $1.2 billion order to provide AMD server racks to cloud firm Vultr.