Data Center Goldmine: HPE Cloud & AI Revenue Hits $7.7B, STMicro Raises Ambitions

Physical AI infrastructure is rewriting financial records. On June 2, 2026, two key hardware players reported colossal growth figures. First, Hewlett Packard Enterprise (HPE) surged nearly 30% on the stock exchanges after publishing its Q2 results: Cloud & AI division revenue jumped 22.9%, reaching $7.7 billion.

Second, European semiconductor giant STMicroelectronics officially raised its long-term revenue ambitions for data center systems, citing a persistent shortage of peripheral power management chips. Both reports prove that yesterday's release of HPE servers powered by NVIDIA Vera processors is not marketing hype, but a direct response to a severe shortage of compute racks. The B2B market is ready to snap up AI servers at any price point, providing record margins for distributors and component manufacturers.

Source: HPE IR / STMicroelectronics / Reuters