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The Nexus
BUSINESSJun 26 · 08:45 UTCSEMAFORAndrew Edgecliffe-Johnson

How Antonio Neri turned HPE into an unlikely AI stock

Hewlett Packard Enterprise (HPE) has seen its stock double since April due to strong AI-related demand, driven by CEO Antonio Neri's strategic repositioning. A $14 billion acquisition of Juniper Networks, despite legal challenges, and a record quarterly earnings report highlight HPE's transformation from a traditional tech provider to a key player in AI and networking. Activist investor Elliott Management's $1.5 billion stake added pressure but Neri attributes the success to internal strategy.

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