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HPE raises annual forecasts as AI, networking demand lifts quarterly revenue

HPE said AI-driven demand lifted networking revenue 75% and server sales 35%, prompting higher fiscal 2026 and 2027 guidance.

Sept 2 : Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand across networking and servers drove growth across its business.Shares of the company, however, fell 8 per cent in extended trading.

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Channel News Asia broke the news in Singapore, Singapore on Wednesday, September 2, 2026.
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