Reported 6 months ago
HP Inc. CEO Enrique Lores discusses the company's fiscal second-quarter earnings, noting a rise in PC sales driven by a need for tech refresh and anticipation of AI innovations. Lores expects AI PCs to grow from 10% to 46% of the market in three years, emphasizing the devices' two processors to handle workload efficiently. HP has no limitations in obtaining necessary chips for building AI PCs and foresees a recovery in printer sales in the second half of the year despite competitive pricing pressures.
Source: YAHOO