Quartz
Subscribe
Quartz
Subscribe
Edition
Business News
A.I.
Technology
Money & Markets
Leadership
Lifestyle
Latest

Get Quartz in your inbox

Free daily briefing on global business news.

Business News
AirlinesAutomobilesFoodPharmaceuticalsPolitics & GovernmentRetail & EcommerceSpace & AerospaceEarnings
Technology
A.I.ComputingConsumer TechSpace & AerospaceEarnings
Money & Markets
Economic IndicatorsMarketsPersonal FinanceEarnings
Lifestyle
Cars & BikesCollectingEntertainmentFood & Fine DiningHealth and FitnessReal EstateTravel
Quartz

Global business news for a smarter world

Topics

  • Business News
  • Money & Markets
  • Tech & Innovation
  • Generation A.I.
  • Lifestyle
  • Leadership

Products

  • Daily Brief
  • Weekly Digest
  • Member Benefits
  • Quartz Pro

Legal

  • Sitemap
  • About
  • Accessibility
  • Privacy
  • Terms of Service
  • Advertising

© 2026 Quartz Media, Inc. All rights reserved.

Emerging Technologies

HPE stock hits record high on Nvidia Vera CPU server launch

The HPE ProLiant Compute DL394 Gen12, unveiled at Computex in Taiwan, targets agentic AI and data processing workloads

By Cris Tolomia·2 min read·Updated July 3, 2026
Add QZ to Google
HPE stock hits record high on Nvidia Vera CPU server launch

Credit: HPE Media Assets

Hewlett Packard Enterprise unveiled a new server powered by Nvidia $NVDA's Vera CPUs at the Computex trade show in Taiwan on Monday, sending HPE stock up more than 7% in premarket trading and on track to open at a record high.

HPE said the ProLiant Compute DL394 Gen12 was built with agentic AI orchestration, reinforcement learning, and high-volume data processing in mind. On the security side, HPE has integrated its Silicon Root of Trust and iLO 7 technologies into the machine, which also boasts low-latency performance and high memory bandwidth. The server will be available in fall 2026.

The New York Stock Exchange said it plans to scale its capacity using the new server. "NYSE processes more than 1.1 trillion messages per day, and in collaboration with Redpanda and HPE, using NVIDIA Vera CPUs, we will be scaling our capacity while further optimizing latency to power a high-performance, resilient, and AI-ready market infrastructure," NYSE Group President Lynn Martin said in a statement.

Nvidia CEO Jensen Huang also commented on the launch. "Agentic AI has arrived, and it needs a new CPU," Huang said in a statement. "Vera was built to orchestrate AI factories — delivering 2x the efficiency and faster task completion than x86. With HPE ProLiant Compute DL394 Gen12, enterprises can put Vera to work."

Huang separately announced at Computex that Nvidia's Vera CPU for data centers is now in full production. Early customers include Anthropic, OpenAI, SpaceX's xAI, Dell $DELL, Oracle $ORCL, and CoreWeave, according to CNBC.

HPE is scheduled to report its second-quarter earnings after market close on Monday. Analysts expect the company to report quarterly earnings of 54 cents per share and revenue of $9.82 billion, according to Benzinga.

A Morningstar research note cited by Stocktwits noted that server sales account for approximately half of HPE's total revenue, and that the company has turned to its networking segment — bolstered by the Juniper Networks $JNPR acquisition — as a key area of growth.

Daily Brief

The essential business news, delivered fresh every morning.

Join 500,000+ readers who start their day with Quartz.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Related

MarketsRoblox stock posted its worst day ever after pulling its full-year outlook
SpaceA discarded SpaceX rocket is about to slam into the moon at 5,400 mph
Cloud ComputingSpaceX will take another year to remove xAI's unpermitted gas turbines near Memphis
PharmaRohto is recalling nearly 12 million eye drop bottles over sterility concerns
MarketsAn ex-OpenAI researcher's AI hedge fund collapsed from $45 billion to $10 billion in a week