Hewlett Packard (HPE) suffered a steep decline in prices in 2020 owing to a slowdown in demand for server hardware. But these losses have been recovered. And HPE could gain another boost thanks to the rise in demand for supercomputers.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
According to a report from Technavio, the supercomputer market could reach more than $ 12.51 billion by 2025 at a CAGR of more than 20%.
Hewlett Packard Enterprise has strengthened its portfolio in this segment with a new line of ProLiant servers and HPE Apollo storage drives, as tested by VMMark 3.1.1, which score 39% higher.
AMD EPYC processors power new Hewlett Packard (HPE) solutions and provide increased processing speed for analytical software, databases, Java applications, and more. HPE has already partnered with US government agencies and academic institutions as a supplier of supercomputer equipment. It also enhances energy efficiency and expands possibilities for use in supercomputers.
Furthermore, HPE analyzed the lessons it learned in the 2020 program and introduced the HPE Ezmeral software portfolio for digital transformation programs and unified data access in the cloud. For example, HPE Ezmeral Data Fabric is now available via a standalone product that can store and manage machine model data in an on-premises or hybrid environment.
On 03/17/21, Hewlett Packard (HPE) started the day with a rise of 1.84% at $16.03. In the day, the stock gained $16.03 and fell $15.68 before closing at $16.03. A 52-week range of $7.43 to $16.14 was posted by HPE stock over the past 52 weeks.