Hewlett Packard Enterprise And LRZ Team Up For Supercomputing Breakthrough: Details
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 13 2024
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Source: Benzinga
Hewlett Packard Enterprise's New Project: HPE has been commissioned by the Leibniz Supercomputing Center to develop a high-performance computer named "Blue Lion," with a budget of €250 million, set to launch in 2027 and expected to deliver 30 times the performance of its predecessor.
Impact on Research and Technology: Blue Lion will enhance research capabilities across various scientific fields and is designed with advanced cooling technology, positioning Germany as a leader in supercomputing and AI innovation.
Analyst Views on KNGZ
Wall Street analysts forecast KNGZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KNGZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 37.350
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Current: 37.350
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
