HP Sees AI PCs Boosting Future Sales as Earnings Beat Estimates
Originally Published 1 year ago — by Yahoo Finance
HP Inc. is experiencing a boost in PC demand due to businesses upgrading their systems ahead of Microsoft's end of support for Windows 10 in 2025 and the introduction of AI PCs. Despite a decline in printer sales, HP's personal systems segment saw growth, and the company expects AI PCs to constitute a significant portion of sales in the coming years. HP's stock rose 3% in premarket trading following the announcement of better-than-expected earnings and guidance.