2024-06-24 10:19:47 ET
Summary
- HPE is set to capitalize on the growing AI market through a deepening partnership with Nvidia, offering comprehensive AI solutions for enterprises.
- I believe HPE's stock remains undervalued compared to the sector median, with strong projected EPS growth through 2028.
- The Nvidia conference at the HPE Discover event highlighted the transformative potential of their partnership, showcasing new products and hardware innovations.
Investment Thesis
I believe Hewlett Packard Enterprise ( HPE ) is set to capitalize on the growing artificial intelligence ((AI)) market, breathing new life into the company. I am not the first investor to realize this, but this article is meant to hone in on their performance post conference this week, with the announcement of their deepening partnership with Nvidia ( NVDA ). This conference, which started on June 17th and lasted until the 20th, highlights a partnership that integrates Nvidia's cutting-edge AI technology with HPE's computing and storage solutions. This collaboration allows HPE to offer comprehensive AI solutions that cater to enterprise needs. HPE's AI portfolio, including the HPE Private Cloud AI, leverages Nvidia's AI computing, networking, and software, coupled with HPE's storage and compute capabilities, and HPE GreenLake cloud services????....
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Hewlett Packard Enterprise: Nvidia Partnership Deep Dive