Latest news with #KISTI-6
Yahoo
14-05-2025
- Business
- Yahoo
Hewlett Packard Enterprise (NYSE:HPE) Powers South Korea's Newest Supercomputer For KISTI
Hewlett Packard Enterprise recently secured a contract to develop KISTI-6, South Korea's most powerful supercomputer, marking a significant advancement in HPE's supercomputing capabilities. This development coincides with other important announcements, including HPE Aruba's Wi-Fi 6E deployment at Notre Dame Stadium and HPE's preferred dividend declaration, potentially supporting the stock's 27% rise over the past month. Additionally, Elliott Investment Management increased its stake in HPE, which may have bolstered investor confidence. As the tech sector, led by companies like AMD and Nvidia, experiences gains, HPE's position aligns well with the broader market rally. We've identified 1 possible red flag with Hewlett Packard Enterprise and understanding the impact should be part of your investment process. The end of cancer? These 24 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. Hewlett Packard Enterprise's recent developments, including the KISTI-6 supercomputer contract and strategic initiatives in Wi-Fi 6E and preferred dividends, could enhance its positioning in the supercomputing and networking arenas. These initiatives might bolster revenue and earnings forecasts, especially as the company focuses on AI and cloud strategies. Notably, the recent increase in Elliott Investment Management's stake and broader tech sector gains may add further positivity to HPE's market perception. Despite the one-month share price surge of 27%, the stock still trades at a 13.1% discount to the analyst consensus price target of US$18.98 per share. When looking at the longer-term performance, HPE delivered a 109.91% total return over the last five years, which includes both share price appreciation and dividends. However, the company's one-year performance has lagged the US Tech industry and broader US market, which returned 12% and 11.5% respectively. This underperformance contrasts with the more favorable recent developments and potential earnings growth from its AI-focused strategies and operational efficiencies. The price and strategic moves illustrate a potential alignment towards achieving the analysts' fair value estimate amidst ongoing regulatory and competitive challenges. Future earnings and revenue growth are anticipated with inherent risks, including regulatory obstacles with the Juniper acquisition, that need careful management to maintain projected growth trajectories. Examine Hewlett Packard Enterprise's earnings growth report to understand how analysts expect it to perform. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:HPE. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Korea Institute of Science and Technology Information Selects Hewlett Packard Enterprise to Build South Korea's Largest Supercomputer
Korea's sixth-generation supercomputer, KISTI-6, will be 100% direct liquid-cooled to enable AI and HPC simulation for researchers across academia and industry SINGAPORE, May 14, 2025--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that it has been selected by the Korea Institute of Science and Technology Information (KISTI), a government-funded research institute, to build a more advanced and versatile computing architecture for its sixth national supercomputer, "KISTI-6", which is expected to become the most powerful supercomputer in South Korea. The new supercomputer will feature a 100% fanless direct liquid cooling system architecture to deliver greater efficiency, sustainability, and density. KISTI has made its supercomputing services accessible to a variety of users for many years - including research institutions, universities, and commercial companies of all sizes. The new supercomputer will serve a wide range of demanding data-intensive research projects and form the backbone of artificial intelligence (AI) and simulation research and development in Korea. It is expected to reach a theoretical peak performance of 600 petaflops, more than half an exaflop. "As the leader in supercomputing, having built many of the world's fastest and energy efficient systems for high performance computing (HPC) and AI, HPE is uniquely positioned to help organizations minimize power consumption while maximizing business outcomes," said Joseph Yang, general manager, HPC and AI, APAC and India, Hewlett Packard Enterprise. "We are proud to support this strategic initiative to strengthen Korea's capabilities in fundamental scientific research and advanced artificial intelligence, aligned with their broader mission to support national R&D advancement." "Our goal is to work with HPE, AMD and NVIDIA to cement Korea's position as a leading country for supercomputing and sovereign AI innovation," said Sik Lee, President, Korea Institute of Science and Technology Information. "We want to nurture experts in data utilization, high performance computing and AI technologies to help bolster our scientific and technological competitiveness. Making AI accessible and inclusive is critical to encouraging innovation across industries and enhancing societal impact." KISTI-6 will be built on the HPE Cray Supercomputing EX4000 system with two partitions, one featuring NVIDIA GH200 Grace Hopper Superchips and another featuring 5th Gen AMD EPYC™ processors. The latest accelerators will process the large amounts of data required for AI training, inference, and simulation. HPE Slingshot interconnect 400, an exascale-capable interconnect, will deliver fast data transfers between the compute and storage units at 400 gigabits-per-second speeds and allows workloads and applications to scale across the entire system. "Researchers, scientists and professionals across the globe are increasingly relying on advanced and complex AI and simulation capabilities to meet the growing demands of supercomputing," said John Josephakis, Vice President of Supercomputing and HPC at NVIDIA. "By collaborating with the Korea Institute of Science and Technology Information and HPE, we're expanding access to high-performance computing, empowering industries and teams to innovate faster and more efficiently." "Leveraging our experience powering the world's most advanced supercomputers, AMD is collaborating with HPE to deliver KISTI-6 using 5th Gen AMD EPYC™ processors – the industry's leading CPU for AI," said Peter Chambers, Managing Director of Sales, APAC and Country Manager, Australia, AMD. "With breakthrough performance and outstanding energy efficiency, we're enabling researchers to solve complex problems fast and efficiently." With the increasing demand from data-intensive workloads, KISTI also selected HPE Cray Supercomputing Storage Systems E2000, integrating fast Non-Volatile Memory Express (NVMe) and high-capacity Near Line (NL)-SAS disks, alongside the HPE Data Management Framework (DMF), for efficient and scalable data management. The fully integrated solution, tailored to KISTI's complex research requirements, will be designed and delivered by HPE and located in a government datacenter, specially adapted for liquid-cooled systems. About Korea Institute of Science and Technology Information (KISTI) The Korea Institute of Science and Technology Information (KISTI) is a government-funded national research institute dedicated to advancing science and technology through cutting-edge expertise in high-performance computing (HPC), big data, and research information services. With over 60 years of experience, KISTI is leading innovation in national R&D by harnessing the power of AI and HPC in the era of the Intelligent Revolution. For more information, visit: About Hewlett Packard Enterprise Hewlett Packard Enterprise (NYSE: HPE) is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data seamlessly. The company innovates across networking, hybrid cloud, and AI to help customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: AMD, the AMD logo, EPYC, and combinations thereof are trademarks of Advanced Micro Devices, Inc. View source version on Contacts Media Contact:Harleen Sachdeva
Business Wire
14-05-2025
- Business
- Business Wire
Korea Institute of Science and Technology Information Selects Hewlett Packard Enterprise to Build South Korea's Largest Supercomputer
SINGAPORE--(BUSINESS WIRE)-- Hewlett Packard Enterprise (NYSE: HPE) today announced that it has been selected by the Korea Institute of Science and Technology Information (KISTI), a government-funded research institute, to build a more advanced and versatile computing architecture for its sixth national supercomputer, 'KISTI-6', which is expected to become the most powerful supercomputer in South Korea. The new supercomputer will feature a 100% fanless direct liquid cooling system architecture to deliver greater efficiency, sustainability, and density. KISTI has made its supercomputing services accessible to a variety of users for many years - including research institutions, universities, and commercial companies of all sizes. The new supercomputer will serve a wide range of demanding data-intensive research projects and form the backbone of artificial intelligence (AI) and simulation research and development in Korea. It is expected to reach a theoretical peak performance of 600 petaflops, more than half an exaflop. 'As the leader in supercomputing, having built many of the world's fastest and energy efficient systems for high performance computing (HPC) and AI, HPE is uniquely positioned to help organizations minimize power consumption while maximizing business outcomes,' said Joseph Yang, general manager, HPC and AI, APAC and India, Hewlett Packard Enterprise. 'We are proud to support this strategic initiative to strengthen Korea's capabilities in fundamental scientific research and advanced artificial intelligence, aligned with their broader mission to support national R&D advancement.' 'Our goal is to work with HPE, AMD and NVIDIA to cement Korea's position as a leading country for supercomputing and sovereign AI innovation,' said Sik Lee, President, Korea Institute of Science and Technology Information. 'We want to nurture experts in data utilization, high performance computing and AI technologies to help bolster our scientific and technological competitiveness. Making AI accessible and inclusive is critical to encouraging innovation across industries and enhancing societal impact.' KISTI-6 will be built on the HPE Cray Supercomputing EX4000 system with two partitions, one featuring NVIDIA GH200 Grace Hopper Superchips and another featuring 5th Gen AMD EPYC™ processors. The latest accelerators will process the large amounts of data required for AI training, inference, and simulation. HPE Slingshot interconnect 400, an exascale-capable interconnect, will deliver fast data transfers between the compute and storage units at 400 gigabits-per-second speeds and allows workloads and applications to scale across the entire system. 'Researchers, scientists and professionals across the globe are increasingly relying on advanced and complex AI and simulation capabilities to meet the growing demands of supercomputing,' said John Josephakis, Vice President of Supercomputing and HPC at NVIDIA. 'By collaborating with the Korea Institute of Science and Technology Information and HPE, we're expanding access to high-performance computing, empowering industries and teams to innovate faster and more efficiently.' 'Leveraging our experience powering the world's most advanced supercomputers, AMD is collaborating with HPE to deliver KISTI-6 using 5th Gen AMD EPYC™ processors – the industry's leading CPU for AI,' said Peter Chambers, Managing Director of Sales, APAC and Country Manager, Australia, AMD. 'With breakthrough performance and outstanding energy efficiency, we're enabling researchers to solve complex problems fast and efficiently.' With the increasing demand from data-intensive workloads, KISTI also selected HPE Cray Supercomputing Storage Systems E2000, integrating fast Non-Volatile Memory Express (NVMe) and high-capacity Near Line (NL)-SAS disks, alongside the HPE Data Management Framework (DMF), for efficient and scalable data management. The fully integrated solution, tailored to KISTI's complex research requirements, will be designed and delivered by HPE and located in a government datacenter, specially adapted for liquid-cooled systems. About Korea Institute of Science and Technology Information (KISTI) The Korea Institute of Science and Technology Information (KISTI) is a government-funded national research institute dedicated to advancing science and technology through cutting-edge expertise in high-performance computing (HPC), big data, and research information services. With over 60 years of experience, KISTI is leading innovation in national R&D by harnessing the power of AI and HPC in the era of the Intelligent Revolution. For more information, visit: About Hewlett Packard Enterprise Hewlett Packard Enterprise (NYSE: HPE) is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data seamlessly. The company innovates across networking, hybrid cloud, and AI to help customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: AMD, the AMD logo, EPYC, and combinations thereof are trademarks of Advanced Micro Devices, Inc.
