
HPE to cut 5% of workforce
CEO Antonio Neri announced layoffs amid server margin pressure and tariff impacts.
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CEO Antonio Neri announced layoffs amid server margin pressure and tariff impacts.
The company reported an EPS of $0.44, surpassing analyst forecasts in its September call.
The segment saw strong year-over-year growth driven by storage and private cloud infrastructure demand.
The stock outperformed the broader technology sector amid positive market sentiment.
New terms allow price adjustments after quoting due to storage and memory cost rises.

A new unified partner program tier is introduced to reward ecosystem members selling across the full HPE portfolio.
The hybrid platform is designed to help researchers solve complex problems across multiple disciplines.
Details emerge on the specific deployment plans for the HPE-Rigetti hybrid system at the Pittsburgh Supercomputing Center testbed.
The two companies are expanding their alliance to broaden GTT's portfolio of managed services.

A $5 million grant supports the development of a hybrid quantum-classical supercomputer.
Competitor SMCI shares gained on improved guidance, highlighting broader AI server demand trends.
While not HPE-specific, this industry-wide shift in AI safety could impact HPE's security portfolio strategy.
The collaboration will build TangleLab, a hybrid quantum-classical supercomputer funded by a National Science Foundation grant.
Legal risks persist despite strong revenue guidance from the rival.
The new hybrid platform will help researchers validate quantum-classical computing performance.
New coalition aims to standardize security across multi-vendor AI clouds.
The collaboration aims to integrate quantum computing with classical HPE infrastructure.
Shares jumped Monday following the announcement of the expanded quantum computing collaboration.
These competitors are moving full steam ahead, but buying their stocks is an incredibly risky proposition.
The collaboration aims to create a hybrid quantum-classical testbed at the Pittsburgh Supercomputing Center.
Sector momentum lifts quantum stocks including HPE's partner Rigetti.
The partners are expanding collaboration to construct a new quantum-classical system.
A new facility in Dehradun will provide hands-on training in AI networking and cybersecurity.
Investment firms cite strong AI server demand and successful Juniper networking integration as key drivers.
Investment analysts highlight HPE's potential for long-term value creation amidst the AI infrastructure boom.
CRN breaks down the 25 Most Influential Executives of 2026 who are driving sales and transforming their business.
New DPX release expands agentless hypervisor backups to include Proxmox and support for Virtual Trusted Platform Module workloads.
HPE is expected to report strong bottom-line results in its upcoming third-quarter report.
While not HPE-specific, this new coalition impacts the broader AI security landscape HPE operates in.

The new testbed at the Pittsburgh Supercomputing Center will be funded by a joint initiative.
Micron, SanDisk, NVIDIA and Hewlett Packard Enterprise pair strong AI infrastructure growth with below-sector valuations.

While led by Nvidia, this multi-vendor coalition addresses critical security gaps relevant to HPE's cloud ecosystem.