BUSINESSTHE REGISTER
HPE declares Juniper deal a 'home run' as AI and networking fuel record quarter
HPE reported record quarterly revenue of $10.7 billion, a 40% year-over-year increase, driven by its $14 billion Juniper acquisition and growing AI demand. Networking revenue surged to $2.7 billion, and AI systems orders reached $1.8 billion, with CEO Antonio Neri calling the Juniper deal a 'home run.'
Mentioned
Related Signal
Adjacent reporting
- Snowflake’s stock is on fire as AI acceleration drives record product-revenue growth
- Nvidia posts another record quarter, reveals $43 billion of holdings in startups
- Google and Microsoft Just Proved the AI Trade Is Alive—While OpenAI Is Sweating
- Burberry says turnaround on track as Americas and China fuel strong growth
- Anthropic set to hit $10.9 billion in revenue during second quarter, source says
- Dell stock soars toward another record high as the AI boom drives a big earnings beat