Vultr places $1.2B order for HPE's AMD Helios AI Rack
Hewlett Packard Enterprise announced a $1.2 billion order from cloud provider Vultr for its AMD Helios AI Rack. The deal was disclosed on September 30, 2026 at HPE’s Networking investor day. It is the first commercial deployment of the rack‑scale design built with AMD and Broadcom. HPE’s CEO Antonio Neri highlighted the integration of compute, networking and liquid‑cooling in the solution.
Why it matters
HPE says the Vultr order will help drive networking revenue growth at a high‑teens CAGR from 2026‑2029. The company also raised its cost‑savings target to $800 million by 2028 as part of the same announcement. HPE cited the deal as a key driver for its raised financial outlook for the coming fiscal year.
Key facts
- 1Vultr placed a $1.2 billion order for the AMD Helios AI Rack by HPE. varindia.com
- 2The order was announced on September 30, 2026 at HPE’s Networking investor day. storagereview.com
- 3It is HPE’s first order for the AMD Helios AI Rack system. varindia.com
- 4Each Helios rack contains 72 AMD Instinct MI455X GPUs. storagereview.com
- 5HPE provides six Juniper QFX5252 scale‑up Ethernet switch trays per rack. storagereview.com
- 6HPE raised its cost‑savings target to $800 million by 2028. varindia.com
Open questions
- The number of racks covered by the $1.2 billion order was not disclosed (material 3).
- No firm delivery date for the hardware was provided (material 3).
Summary written by AlphAI from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.