HPE shares surge; Alphabet 121trillion-scale capital increase focuses funding on AI infrastructure
Alphabet said it plans a rights offering worth 800hundred million dollars to raise funds for investment in AI computing infrastructure. On the same day, HPE shares surged by more than 2% at one point in after-hours trading following the release of its 37quarter results.
Alphabet announced on 1that it plans a rights offering worth up to 800hundred million dollars to raise funds for investment in AI infrastructure. The company said Berkshire Hathaway will invest 100hundred million dollars of that amount. Alphabet said it will use the funds to invest in the world's leading AI computing infrastructure.
On the same day, Hewlett Packard Enterprise (HPE) 2released its quarterly results. HPE announced that its 2quarter revenue was 106hundred 8000ten-thousand dollars. The company said revenue increased 40% year over year.
HPE disclosed adjusted earnings per share (EPS) of 0.79dollars. The company said its shares rose 9.20% from the previous session in regular trading. In after-hours trading, the share price was reported to have risen by more than 37% at one point.
HPE 2026fiscal-year revenue growth guidance to 29~33%, and announced that it had raised it. Management said that server orders were increasing sharply. HPE explained that demand for servers supporting agentic AI tools was surging.
Alphabet said that in4 it had raised this year's capital expenditure outlook to 1800hundred million~1900hundred million dollars. The industry observed that major hyperscalers are continuing to make large investments in AI-related facilities this year. The companies involved are announcing their respective financing and investment plans.
Sources: 뉴시스 경제
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.