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HPE Cuts Full-Year Forecast on Networking Slowdown, Chip Crunch

HPE Cuts Full-Year Forecast on Networking Slowdown, Chip Crunch
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Hewlett Packard Enterprise Reports Fiscal 2024 First Quarter Results

HPE Cuts Full-Year Forecast on Networking Slowdown, Chip Crunch

(Bloomberg) Hewlett Packard Enterprise Co. reduced its outlook for sales growth and profit in the current fiscal year, citing lower demand for networking products and a crunch in computer chip availability.Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpNYCB Flags Weaknesses in Loan Oversight and Names New CEOIndia’s Blowout GDP Based on Data Distortion That Masks SlowdownFed’s Preferred Inflation Metric Increases by Most in a YearRevenue will increase

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