Hewlett Packard Enterprise exceeded third-quarter revenue expectations, driven by high demand in server and networking sectors. The surge in AI servers, needed for advanced services like ChatGPT, has boosted demand for HPE’s AI-optimized servers with Nvidia processors. The company’s acquisition of Juniper has expanded its networking business, with revenue exceeding analyst estimates. HPE projects strong revenue growth in the fourth quarter and fiscal year 2025.

Read more at Yahoo Finance: Hewlett Packard beats quarterly revenue estimates on robust server demand