2024-03-20 18:25:49 ET
Summary
- Hewlett Packard Enterprise Company is positioning itself as a major player in the AI market, with a focus on AI infrastructure, supercomputing, and AI platform software.
- Hewlett Packard Enterprise's acquisition of Juniper Networks and strategic collaboration with Nvidia indicate its commitment to AI and potential for leadership in the industry.
- With a low valuation, solid dividend, and potential for significant upside, Hewlett Packard Enterprise Company shares offer an attractive risk/reward ratio for investors.
First wave artificial intelligence ("AI") stocks obviously include NVIDIA Corporation ( NVDA ) and Super Micro Computer, Inc. (SMCI), as these companies are already seeing a positive financial impact from orders. However, there is likely to be a second wave of AI-related stocks that have not yet seen a significant beneficial impact on profits, but potentially could in the near future. Nvidia CEO Jensen Huang recently said we are only at the beginning of an AI computing ramp that will last for years. This suggests there could be many more winners in this sector over the coming years....
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Hewlett Packard Enterprise: A Supercomputer And AI Firm Trading For 8x Earnings