20 Best Data Center Stocks to Buy According to Billionaires

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8. Hewlett Packard Enterprise Company (NYSE:HPE)

Number of Billionaire Investors: 16

Billionaire Holdings: $659 million

Number of Hedge Fund Holders: 66

Hewlett Packard Enterprise Company (NYSE:HPE) is a leading global provider of enterprise IT solutions, specializing in hybrid cloud, high-performance computing (HPC), edge computing, and AI-driven data analytics. Its diverse product portfolio includes HPE GreenLake, a cloud services platform offering flexible, consumption-based IT solutions, alongside networking, storage, and compute solutions designed for enterprise needs.

As the company experiences steady growth, there is increasing industry emphasis on cost efficiency and profitability. On March 6, 2025, Hewlett Packard Enterprise (NYSE:HPE) approved a cost reduction initiative aimed at lowering structural operating expenses while maintaining its commitment to profitable expansion. This program, expected to be implemented through fiscal year 2026, aims to achieve gross savings of approximately $350 million by fiscal year 2027, primarily through workforce reductions.

On a fundamental level, Hewlett Packard Enterprise (NYSE:HPE) maintains a strong foothold in data center infrastructure, delivering servers, storage solutions, and networking products tailored for enterprise and hyperscale cloud environments. The company is also expanding its AI and HPC segments, focusing on AI-driven enterprise solutions and edge-to-cloud innovation. Additionally, HPE’s modular data centers and high-performance networking solutions reinforce its position as a key player in the evolving data center ecosystem.

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