Hello,
If you are at all concerned that the switch is doing something different post software update, raise a support case and let one of the HPE Tech's check it out. You are paying for that support contract so make use of it :-)
It is normal for the memory utilisation to rise as the level of traffic ramps up on the switch, does it go down again at a quiet period or is it only ever increasing?
My rule of thumb has always been to keep performance levels at 90% or less.
Let us know how things progress.
Thanks
Ian