Global supercomputer leader Cray Inc. (CRAY) today released the findings of its industry report on the State of Enterprise AI Adoption 2019, which reveals that performance, data locality and security are the top considerations for choosing an AI infrastructure. The survey assessed whether organizations and individuals are prepared to run AI effectively and to take advantage of the capabilities it offers. Findings show that over 70% of companies already have AI applications in use or under development, and as the use of AI grows, IT professionals must consider what infrastructure is needed to maximize the value, scale and performance of their AI workloads.

Global supercomputer leader Cray, a Hewlett Packard Enterprise company (HPE), today unveiled its Cray ClusterStor E1000 system, an entirely new parallel storage platform for the Exascale Era. ClusterStor E1000 addresses the explosive growth of data from converged workloads and the need to access that data at unprecedented speed, by offering an optimal balance of storage performance, efficiency and scalability, effectively eliminating job pipeline congestion caused by I/O bottlenecks.

NEW YORK , Sept. 23, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Monday, September 30 : Fresh Del Monte ...

Global supercomputer leader Cray Inc. (CRAY) today announced that the first Cray Shasta™ supercomputing system for operational weather forecasting and meteorology will be acquired by the Air Force Life Cycle Management Center in partnership with Oak Ridge National Laboratory. The powerful high-performance computing capabilities of the new system, named HPC11, will enable higher fidelity weather forecasts for U.S. Air Force and Army operations worldwide.

Global supercomputer leader Cray Inc. (CRAY) today announced an entirely new, open and extensible software platform to address the growing need for supercomputing across government and private industries. As advanced simulation, artificial intelligence (AI) and digital transformation create new, data intensive workloads, the need for performance at scale is growing rapidly. In a separate press release issued today, the Department of Energy (DOE), National Nuclear Security Administration (NNSA) and Lawrence Livermore National Laboratory (LLNL) announced that Cray has been awarded a third U.S. exascale system contract.

Global supercomputer leader Cray Inc. (CRAY) today announced that the U.S. Department of Defense (DOD) has selected two Cray CS500™  systems for its High Performance Computing Modernization Program (HPCMP) annual technology procurement known as TI-18. The Army Research Lab (ARL) and the U.S. Army Engineering and Research Development Center (ERDC) will each deploy a Cray CS500 to help serve the U.S. through accelerated research in science and technology. The two contracts are valued at more than $46M and the CS500 systems are expected to be delivered to ARL and ERDC in the fourth quarter of 2019.

Global supercomputer leader Cray, a Hewlett Packard Enterprise company (HPE), and leading Japanese information and communication technology company Fujitsu (TSE:6702), today announced a partnership to offer high performance technologies for the Exascale Era. Under the alliance agreement, Cray is developing the first-ever commercial supercomputer powered by the Fujitsu A64FX Arm®-based processor with high-memory bandwidth (HBM) and supported on the proven Cray CS500 supercomputer architecture and programming environment.

Global supercomputer leader Cray, a Hewlett Packard Enterprise company (HPE), today announced that the High-Performance Computing Center of the University of Stuttgart (HLRS) in Germany has selected a new Cray CS-Stormä  GPU-accelerated supercomputer to advance its computing infrastructure in response to user demand for processing-intensive applications like machine learning and deep learning. The new Cray system is tailored for artificial intelligence (AI) and includes the Cray Urika®-CS AI and Analytics suite, enabling HLRS to accelerate AI workloads, arm users to address complex computing problems and process more data with higher accuracy of AI models in engineering, automotive, energy, and environmental industries and academia.

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Global supercomputer leader Cray, a Hewlett Packard Enterprise company (HPE), today announced at a signing ceremony in London that UK Research and Innovation (UKRI) have awarded Cray a £48 million contract award to expand its high-performance computing capabilities with Cray’s next-generation Shasta™ supercomputer. The new ARCHER2 supercomputer will be the first Shasta system announced in EMEA and the second system worldwide used for academic research.

Cray (CRAY) delivered earnings and revenue surprises of -17.19% and -4.78%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

At the 2019 Supercomputing Conference in Denver, Colorado, Cray, a Hewlett Packard Enterprise company (HPE), announced the company won nine awards from the editors and readers of HPCwire, as part of the publication’s 2019 Editors’ and Readers’ Choice Awards. This year’s awards recognize Cray president and CEO, Peter Ungaro, for his leadership in steering the company into the Exascale Era and spurring a number of achievements. The accolades also highlight Cray’s aggressive technological advancements in high performance computing and continued collaborative partnerships with its customers.

(Bloomberg) -- Hewlett Packard Enterprise Co., a maker of server computers, gave a profit forecast that topped Wall Street estimates, signaling progress on its efforts to cut costs and reshape its business to higher-margin products.Adjusted earnings, excluding some items, will be 43 cents to 47 cents a share in the period ending in October, the San Jose, California-based company said Tuesday in a statement. Analysts, on average, projected 43 cents. The company also raised its fiscal year forecast for adjusted earnings to $1.72 to $1.76 a share from its May guidance of $1.62 to $1.72.Chief Executive Officer Antonio Neri has sought to prepare the hardware maker for a future increasingly defined by cloud-based software. HPE said in June that it would offer its products as a service, with servers, storage hardware, networking gear and software available through subscriptions or pay-per-use models by 2022.Neri also formed a partnership with Google to help clients adopt a hybrid model and announced a $1.4 billion acquisition of Cray Inc. to bolster HPE in supercomputers. All the while, the CEO has tried to reduce the company’s spending to make it more profitable, especially with inconsistent sales growth due to weakening demand for servers and storage hardware.“I would characterize the quarter as strong operational performance in an uneven market, driven by the macroeconomic challenges we’re all facing,” Neri said in an interview. “The trade escalation continues to create uncertainty. Customers take a little bit longer to decide their investment strategy.”The hardware maker’s operating margin improved by 1.1 percentage points to 10.8% compared with a year earlier, with the biggest gain in the Hybrid IT segment, which includes the company’s servers and storage hardware products.HPE shares gained about 4% in extended trading after closing at $12.93 in New York. The stock has declined 2.2% this year.Hardware makers have seen weaker corporate demand for their products, with NetApp Inc.’s disappointing results causing concern for the industry. Analysts expected hardware sales could be hindered by weakening global economies and uncertainty because of the U.S.-China trade war.HPE’s revenue declined 7% to $7.22 billion in the fiscal third quarter, compared with analysts’ average estimate of $7.28 billion. Revenue fell in most HPE segments in the period ended July 31, with server sales dropping 12% and storage hardware decreasing 5% compared with a year earlier.“It’s more competitive out there,” Neri said. “The market feels slower than before and we need to navigate through it.”HPE’s revenue has contracted on a year-over-year basis in 11 of the past 12 quarters. Neri has been trying to reverse that trend by modernizing the company’s products and services with the moves to subscriptions and edge computing, which lets clients process information closer to their source rather than at far-away data centers. Analysts estimate the effort may begin to pay off by the second half of 2020.(Updates with comments from CEO starting in the fifth paragraph.)To contact the reporter on this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew Pollack, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

Global supercomputer leader Cray, a Hewlett Packard Enterprise company, today announced that the United Kingdom’s Atomic Weapons Establishment (AWE) has selected the Cray Shastaä supercomputer to support security and defence of the U.K. The Shasta system, purpose-built for the exascale era, was chosen due to its ability to run mixed workloads and applications at the best total cost of ownership (TCO) for a system across five years. AWE’s supercomputer, named Vulcan, will feature a single Shasta supercomputer with expected performance of more than 7 petaflops.

Cray, a Hewlett Packard Enterprise company, in partnership with the US Department of Energy’s (DOE’s) Exascale Computing Project (ECP), and the DOE laboratories that will house the nation’s first three exascale supercomputers: Argonne (ANL), Oak Ridge (ORNL) and Lawrence Livermore (LLNL) have established National Exascale Day as a registered holiday to be celebrated annually on October 18 (1018, of course!).

Global supercomputer leader Cray Inc. (CRAY), today announced that its Senior Vice President and Chief Technology Officer Dr. Steve Scott will be a keynote speaker at the IEEE Hot Interconnects 2019 conference. The IEEE Hot Interconnects Conference is being held on August 14 – 16 in Santa Clara, California, and is the premier international forum for researchers and developers of state-of-the-art hardware and software architectures and implementations for interconnection networks of all scales. What: Cray will present on Rosetta, the switch at the core of Cray's next generation Slingshot interconnect that has been announced as part of the first two planned U.S. exascale supercomputers Aurora and Frontier.

Moody's Investors Service ("Moody's) assigned a Baa2 rating to the proposed senior unsecured notes of Hewlett Packard Enterprise Company ("HPE"). Proceeds are expected to refinance near term maturities and to support the pending $1.4 billion acquisition of Cray Inc., which will bolster HPE's position in the growing high performance computing market.

Shares of Advanced Micro Devices (NASDAQ:AMD) soared on August 8 as the company debuted its latest line of server chips. Long-term AMD stock investors have been delighted with the price performance of semiconductor specialist.Year-to-date, the Santa Clara-based chip designer is up about 83% while the iShares PHLX Semiconductor ETF (NASDAQGM:SOXX) is up 29.3%. Advanced Micro Devices stock is seventh-largest holding among the the exchange-traded fund's 31 semiconductor stock portfolio.Long-term, I believe AMD stock price is going to rise much more. Therefore, today I'm going to discuss the short-term and long-term outlook of AMD stock, one of the darlings of Wall Street in 2019.InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMD Stock is not the Underdog AnymoreDespite the uncertainties in the broader market and the semiconductor space, AMD stock jumped 16.2% last Thursday to close the day at $33.92. That followed the August 7 announcement that the company was now bringing out its 7nm (nanometer) second-generation EPYC Rome server CPU (central processing unit).With these smaller and more power-efficient chips, AMD is aiming to rival Intel's (NASDAQ:INTC) 10nm chips. AMD is hopeful that it can take market share from Intel, especially in data center business, where Intel is still the market leader.Until 2019, Advanced Micro devices has mostly played catch-up with Nvidia (NASDAQ:NVDA) and Intel. The market cap for NVDA and INTC stocks are $96 billion and $209 billion, respectively. AMD stock's market cap stands at $36.5 billion. * 10 Cyclical Stocks to Buy (or Sell) Now Nvidia has dominance in graphics processing units (GPUs) while Intel has been a leader in central processing units (CPUs), the computing engine of most computers and data centers. Graphics processing units accelerate central processing units, boosting the performance of video and graphics and improving computers' overall performance.As AMD launches its Navi graphics cards in Q3 featuring the company's 7-nanometer chips, management is confident that it will take GPU market share in the gaming segment from Nvidia.In short, Advanced Micro Devices has taken important steps to make the fundamental metrics of the company stronger and to catch up with its main competitors. AMD Stock's Q2 Earnings Were StrongAdvanced Micro Devices has a history of reporting mixed results. When AMD released earnings on July 30, Wall Street paid attention to two segments: Computing and Graphics; and, Enterprise, Embedded and Semi-Custom.Advanced Micro Devices stock reported earnings that met expectations amid tariff constraints. The group's net income was $35 million, or 3 cents a share, compared with $116 million, or 11 cents a share, in the year-ago period.Computing and Graphics segment revenue was $940 million, down 13% year-over-year and up 13% quarter-over-quarter. Computing and Graphics revenue was lower year-over-year primarily due to lower graphics channel sales. The quarter-over-quarter increase was primarily due to higher GPU sales.Enterprise, Embedded and Semi-Custom segment revenue was $591 million, down 12% YoY and up 34 percent sequentially. The year-over-year revenue decrease was primarily due to lower semi-custom product revenue. The quarterly increase was driven by higher semi-custom and EPYC processor revenue.Overall many analysts saw the Q2 earnings report as a sign that AMD is executing its strategic plans well. Since late 2014, under the leadership of CEO Lisa Su, revenue has increased and the company has been improving its balance sheet. Its debt has also reduced considerably. Over the next five years, analysts expect AMD to grow earnings by about 30% annually.AMD's Q3 revenue outlook, however, fell below the Wall Street consensus because of weaker-than-expected console sales. The chip maker's Q3 revenue outlook of $1.75 billion to $1.85 billion was lower than the forecast sales of $1.94 billion. Expect Short-Term Volatility in AMD StockWall Street has recently been debating whether the semiconductor industry, which is highly competitive and cyclical, has entered a prolonged downturn. Could these chip stocks have reached their 2019 highs in the eyes of investors?For long-term investors, such gyrations in the sector are nothing new. Wall Street is nervous that the prolonged tariff wars will continue to affect chip companies' earnings in the rest of the year. China is the leading consumer of semiconductors (more than 50%).And U.S. chip companies lead the world with a combined global market share of nearly 50%. Furthermore, many technology companies either have manufacturing plants in China or use Chinese companies in their supply chains. Therefore, investors fear that U.S. chip makers will be among the largest losers of the current trade war.Furthermore, analysts are debating whether Advanced Micro Devices stock is becoming overvalued. For example, its forward price-to-earnings-growth (PEG) ratio is about 2x. Similarly, AMD stocks's price-sales (P/S) ratio of about 6.1x is also quite high. To put the metric into perspective, the S&P 500 index's average price-sales ratio is 2.2x. Short-Term Technical Analysis of AMD StockAs a result of the impressive run-up in AMD stock price in 2019, its short-term technical indicators have become quite "overbought."If you are an investor who follows technical charts, AMD stock has strong resistance around the $35, a level which it has not been able to pass four times in the past two months. In other words, if and when AMD stock can go and stay over $35, long-term investors should expect another big move up in the share price.However, when if it cannot go and stay over $35 soon, some profit-taking is likely to occur, again. In such a case, AMD stock is likely to trade within a range of about $29-$34. * 5 Cheap Stocks to Buy Now That the Fed Cut Rates Because AMD is a momentum leader stock, investors should expect sizable daily swings in the AMD stock price. Technically AMD stock is known to make a series of rallies and consolidations. We can expect this trend to continue in August and September, too. Bottom Line on AMD StockAs new frontiers in technology, such as the internet of things (IoT), artificial intelligence (AI), autonomous driving, and 5G are being developed, I am bullish on the future of Advanced Micro Devices, which has been quite successful in recent years.As a result, I am also upbeat on the long-term outlook of AMD stock. In June, in addition to the broader market rally, AMD stock got an analyst upgrade that gave a big boost to its price.However, AMD stock is not immune to the daily wide swings in the broader markets and profit-taking may once again happen in the stock price soon.If you already own Advanced Micro Devices stock, you might want to stay the course and hold onto your position. That said, if you are worried about short-term profit taking, then within the parameters of your portfolio allocation and risk/return profile, you may consider placing a stop loss at about 3%-5% below the current price point, to protect the profits you have already made from AMD stock.If you are an experienced investor in the options market, you may also consider using an Sept. 20 expiry at-the-money (ATM) covered call strategy. In that case, you may, for example, buy 100 shares of AMD at a limit price of $33.5 and sell an AMD Sept. 20 $33.5 call option, which currently trades at $2.3.The $33.5 option offers some downside protection in case of volatility and a decline of AMD stock price. It would also enable investors to participate in a potential up move. This call option would stop trading on Sept. 20 and expire on Sept. 21.I find AMD stock to be a buy candidate, especially as its price dips below $30. In a few years, I'd expect the shares to reach $40.As of this writing, the author holds AMD and INTC covered calls (Aug. 16 expiry). More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Aristocrat Stocks to Buy Now No Matter What * 7 Stocks to Buy to Ride the Vegan Wave * 4 Safe Stocks to Buy Amid Trade War Turbulence The post AMD Stock's Positive Catalysts Make it a Top Choice For Long-Term Portfolios appeared first on InvestorPlace.

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SEATTLE and DENVER, Nov. 19, 2019 -- At the 2019 Supercomputing Conference in Denver, Colorado, global supercomputer leader Cray, a Hewlett Packard Enterprise company, today.