Hewlett Packard beats Q2 results estimates on AI demand; records $1.36 billion charge

(Reuters) -Hewlett Packard Enterprise beat Wall Street’s second-quarter revenue and profit estimates on Tuesday, driven by demand for its artificial-intelligence servers and hybrid cloud segment.

Shares of the server-maker, which also recorded an impairment charge of $1.36 billion in the reported quarter, rose 3.2% in extended trading.