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moves money The Register June 02, 2026

HPE declares Juniper deal a 'home run' as AI and networking fuel record quarter

HPE declares Juniper deal a 'home run' as AI and networking fuel record quarter
AI Summary

HPE just posted its biggest earnings beat since 2018, and CEO Antonio Neri wasted little time taking a victory lap for the company's $14 billion Juniper acquisition. The infrastructure giant posted record quarterly revenue of $10.7 billion on Monday, up 40 percent year over year, while networking revenue surged to $2.7 billion and AI systems orders reached $1.8 billion. Investors liked what they saw, sending shares sharply higher after the results landed.

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