HPE surges 15% after blowout earnings, pacing for one of its best days ever

Shares of Hewlett Packard Enterprise surged 15% Tuesday, pacing for one of its best days ever, as the company posted its biggest earnings beat since 2018.

CEO Antonio Neri told CNBC's "Squawk on the Street" on Tuesday that the company is "uniquely positioned" to capture the disruption brought about by artificial intelligence.

"We have the best portfolio we've ever had in this company," he said.

AI-related demand in its server unit blew away analysts' expectations for second-quarter earnings. HPE reported adjusted earnings per share of 79 cents, versus 53 cents expected, and overall revenue soared to $10.68 billion versus an expected $9.79 billion.

Server revenue alone, a sub-division of its cloud and AI unit, came in at $5.45 billion, topping the $4.66 billion analysts expected.