Hewlett Packard Enterprise predicts lower revenue in the first quarter due to a decrease in AI server income as customers delay orders. Shares of HPE, known for AI-optimized servers with Nvidia processors, dropped over 9% in extended trading. CFO Marie Myers mentioned that AI server demand is uneven, with larger customers delaying orders. Revenue for the quarter ended October 31 fell to $9.68 billion, below estimates. HPE expects first-quarter revenue to be between $9 billion and $9.4 billion, lower than analysts’ expectations of $9.9 billion. The company raised its fiscal 2026 adjusted earnings per share forecasts.

Read more at Yahoo Finance: HPE sees weaker quarterly revenue on AI server sales delay