Antonio Neri, CEO of Hewlett Packard Enterprise (HPE, Financial), indicated that IT spending remains robust, with all business sectors demonstrating momentum. The company's network solutions, a core business area, is seeing an increased demand for AI and cloud applications, leading to growth in orders and revenue.
Neri highlighted that corporate demand continues to rise, particularly around artificial intelligence and hybrid cloud services. Furthermore, HPE is strengthening its partnership with NVIDIA (NVDA) to expand its AI factory capabilities. This collaboration aims to enhance the infrastructure required to build, deploy, and scale AI models, which is crucial for driving growth.
