Hewlett Packard Enterprise: Elliott Investment Management Positions Itself With Over $1.5 Billion!

The server manufacturer Hewlett Packard Enterprise (HPE) has recently been struggling with high inventory levels due to the transition to new chip architectures and substantial discounts resulting from increasing competition. This has primarily led to margin issues, while the ongoing tariff dispute casts doubt on a normalization planned by the end of the year. There was no demand problem, with a revenue growth of 29% in the server business and a pipeline significantly exceeding the order backlog of $3.1 billion. Together with NVIDIA, they provide...