From Nasdaq: 2024-05-14 13:00:00

Hewlett Packard Enterprise (HPE) deploys Aurora supercomputer at Argonne National Laboratory, showcasing impressive performance and ranking as the second-fastest in the world. The system is AI-capable, aiding scientific research through generative AI models and brain mapping.

Aurora is based on HPE Cray EX supercomputer, boasting 63,744 Intel Data Center GPU Max units and 21,248 Intel Xeon CPU Max Series processors. With 75,000 computing nodes and 2,400 storage endpoints, the supercomputer enhances performance through high-speed networking across its 10,624 computing blades.

HPE continues its advancements in supercomputing, securing agreements in various fields like constructing supercomputers for universities and boosting aerodynamics for Formula One cars. These developments contribute to the company’s growth in the artificial intelligence, machine learning, and high-performance computing market.

HPE holds a Zacks Rank #3 (Hold) and INTC is at #4 (Sell), with HPE and INTC stocks experiencing returns of 21.7% and 2.1% respectively in the past year. Strong Zacks-Ranked tech stocks include APPF and GOOGL, with significant growth potential and positive earnings per share revisions.

Zacks experts highlight a company poised for significant growth, targeting millennial and Gen Z audiences with promising revenue prospects. Despite potential risks, this stock could outperform previous high-flying picks, offering investors a compelling opportunity for substantial returns in the technology sector.



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