HPE Raises AI Demand Forecasts for 2026 and 2027 as Supply Bottlenecks Persist
HPE says high-powered servers are in strong demand as cloud providers and enterprises invest in AI, but supply remains constrained, with memory the main bottleneck. The company reported rising inventory driven by higher commodity costs and targeted buys, and raised its fiscal 2026 revenue and earnings guidance, along with fiscal 2027 growth projections. Third-quarter revenue and adjusted EPS also beat estimates.