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HPE Stock Surges as Nvidia-Powered Server Unveiled

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Hewlett Packard Enterprise's stock surged by over 7% in premarket trading on September 4, 2026, as investors reacted to a strong fiscal third-quarter earnings report and the company's push into autonomous AI with its new Nvidia-powered server.

The HPE ProLiant Compute DL394 Gen12, built around Nvidia's Vera CPU, is positioned as a compute-optimized foundation for agentic AI and high-performance data processing. The server was first unveiled on June 1, 2026, in Taipei, and is slated for general availability in fall 2026.

Nvidia founder Jensen Huang described the shift to agentic AI, which involves orchestrating thousands of simultaneous agent tool calls efficiently, as a new hardware upgrade cycle in the broader AI chip market. HPE's bet on this space marks a departure from its legacy status as an enterprise hardware vendor.

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