Hewlett Packard Enterprise is trading 4.4% up at $46.38 following a strong Q2 earnings report that highlighted surging AI-related hardware demand and sharply higher profits.
- Quarterly revenue grew approximately 40% as the company capitalizes on robust server and networking momentum tied to AI infrastructure spending.
- Non-GAAP EPS more than doubled during the period, leading investors to re-rate the stock amid continued strength in AI-related hardware sales.