Hewlett Packard Enterprise (HPE) is benefiting from AI in a big way. The tech company saw its stock soar after reporting better-than-expected second quarter results and issuing upbeat third quarter and full-year guidance. The company’s CEO, Antonio Neri, tells Yahoo Finance’s Brian Sozzi, “the market is finally waking up to the idea that HPE has a big role to play in AI.”
However, the company that has seen the biggest boom from generative AI is Nvidia (NVDA). The tech giant saw its market cap surpass $3 trillion for the first time. It comes after CEO Jensen Huang told Yahoo Finance that customers aren’t waiting for the next-generation AI platforms; they are still snapping up what they can from the company.
Neri says that Nvidia is “changing the world with an amazing innovation, obviously, that the company and Jensen himself have been driving for more than two decades.” Neri adds, “I think we’re all a little bit surprised about the advancement of generative AI from the algorithm perspective, but from the silicon perspective, I’m not surprised at all.”
