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HP exceeded Wall Street's estimates for the third fiscal quarter, inspired by growing demand for personal computers equipped with artificial intelligence resources and by Windows 11. The market expects a strong PC update cycle after Microsoft closes its support for Windows 10 in October, which should benefit computer manufacturers such as HP and Dell. The HP's revenue in the period increased by approximately 3%, for US$ 13.93 billion, over the a…
HP cites strong demand for AI PCs as it beats expectations on revenue, but investors aren't impressed - SiliconANGLE
HP Inc.’s stock traded lower in extended trading late today after initially rising in the wake of its third-quarter financial results. The company surpassed analysts’ expectations on earnings and revenue and said it’s seeing solid demand for its new generation of artificial intelligence-capable personal computers, but its guidance for the current quarter failed to reflect […] The post HP cites strong demand for AI PCs as it beats expectations on…
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