---
title: "Weekly Recap: NetApp tie-up for AI storage and Parag Parikh boosts HCLTECH stake"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296040917.md"
description: "HCL Technologies expanded its partnership with NetApp to provide scalable, AI-ready hybrid cloud storage-as-a-service for enterprise workloads. Concurrently, the Parag Parikh Flexi Cap Fund increased its stake in HCL Technologies during July 2026."
datetime: "2026-08-17T01:13:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296040917.md)
  - [en](https://longbridge.com/en/news/296040917.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296040917.md)
---

# Weekly Recap: NetApp tie-up for AI storage and Parag Parikh boosts HCLTECH stake

HCL Technologies Limited (NSE:HCLTECH) deepened its NetApp partnership to deliver scalable, AI-ready hybrid cloud storage-as-a-service for enterprise AI workloads, while Parag Parikh Flexi Cap Fund raised its stake in HCL Technologies (NSE:HCLTECH) in July 2026.

**Previous Week Recap**

-   **HCL Technologies Expanded NetApp Tie-up**: HCL Technologies expanded its NetApp tie-up to boost hybrid cloud storage-as-a-service, delivering scalable, AI-ready storage for enterprise workloads and to support enterprise AI in hybrid clouds. Reuters
-   **Parag Parikh Flexi Cap Fund Boosted HCLTECH Stake**: Parag Parikh Flexi Cap Fund boosted its HCL Technologies (HCLTECH) stake in July 2026, increasing holdings in an existing position. Mint

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.

### Related Stocks

- [NTAP.US](https://longbridge.com/en/quote/NTAP.US.md)

## Related News & Research

- [NetApp EVP, Chief Administrative Officer Elizabeth M. O’Callahan sells 1,000 common shares for $193,820](https://longbridge.com/en/news/295714087.md)
- [The AI boom has echoes of Enron — but that might be okay, a tech guru says](https://longbridge.com/en/news/296021200.md)
- [Goldman Sachs Says This 1 Stock Is Set to Be the Biggest AI Productivity Winner](https://longbridge.com/en/news/296259340.md)
- [Tyga is Hollywood’s latest AI optimist](https://longbridge.com/en/news/296029242.md)
- [In the AI Era, Duolingo Is Betting on Humans](https://longbridge.com/en/news/296129188.md)