Is Hewlett Packard Enterprises Still a Cheap AI Server Play?
HPE(HPE) MarketBeat·2024-03-12 18:11
Key PointsHewlett Packard Enterprises provides IT infrastructure solutions to business customers, including AI servers, storage and networking products.Super Micro Computers and Dell Technologies soared on their AI server business, surging their valuations to 58.99X and 18.54X forward earnings, respectively.Hewlett Packard Enterprises shares trade at 9.67X forward earnings as its AI server business was stifled due to GPU supply constraints, which it expects to normalize in the second half of 2024.5 stocks w ...