Hewlett Packard Enterprise stock jumps 9.4% after unveiling AI server powered by NVIDIA's Vera CPU

HPE shares rose 9.4% in the afternoon session following the company's announcement of the ProLiant Compute DL394 Gen12 server at COMPUTEX 2026, powered by NVIDIA's Vera CPU and designed for complex tasks like agentic AI and large-scale data processing.

The gain was fueled partly by a sector-wide rally in AI server stocks and investor confidence ahead of HPE's fiscal second-quarter earnings release. Analysts at JPMorgan and Evercore ISI raised their price targets on the stock, citing growing demand for AI infrastructure.

HPE has risen 96.7% since the beginning of the year and now trades at $47.55 per share, a new 52-week high. An investor who bought $1,000 worth of HPE shares 5 years ago would now hold an investment worth $2,956.