HPE’s Rahim: Pace of change in the data center is ‘extraordinary’
Following its record-setting third quarter, HPE said it expects cumulative AI network orders for fiscal 2026 to top $3 billion, exceeding its previous forecasts. The company also raised its fiscal 2027 networking revenue target, projecting growth percentages in the high teens to low 20s. Specific to data center networking, HPE is estimating revenue to grow at roughly 50% CAGR through fiscal 2029. …