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Hewlett Packard Enterprise (HPE) CEO says supply constraints continue to affect HPE’s ability to fulfil increased customer demand
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HPE faces ongoing supply constraints amid high server demand, while securing a multi-billion dollar hyperscaler deal and projecting sequential AI systems revenue growth into Q4.
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Expects server demand to remain exceptionally high as HPE’s pipeline remains multiples of its backlog. CFO says expect AI systems revenue to improve sequentially to Q4 given timing of backlog conversion. Co. was awarded a multi-billion dollar server deal with a hyperscaler customer after quarter end.
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