Good morning. A $1.2 billion order from cloud provider Vultr gives Hewlett Packard Enterprise an early commercial win for its new AMD AI system and tests whether AI networking can become a faster-growing, higher-margin business.
The order, announced Wednesday as HPE’s Networking Investor Day took place, is the company’s first for the AMD Helios platform and includes HPE Networking scale-up switching and software. HPE raised its fiscal 2027 networking revenue-growth outlook to the high-teens to low-20% range, from 14% to 17%. Shares closed about 4% higher.
