HP inventory falls regardless of strong outcomes, vow to ship AI PCs in second half of 2024

HP Inc.’s inventory initially dipped greater than 3% in prolonged buying and selling Tuesday after the computing big reported usually strong outcomes and vowed to introduce its first AI-powered PCs within the second half of 2024.

“It was a tough year… but we are on track to deliver AI PCs next year [in the second half of 2024] that should be a catalyst for PC expansion,” HP Chief Executive Enrique Lores mentioned in an interview. He mentioned the corporate has not seen any impression on vacation gross sales from the battle within the Middle East.

“We…

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