HP

HP to cut about 6,000 jobs by 2028, ramps up AI efforts

HP SAID on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product development, ...

Dave McQuarrie, HP's chief commercial officer, speaking at an event marking the company's 55th anniversary in Singapore, at its office in the Republic.

HP bets on AI personal computers to drive revenue, eyes Asia for growth

At least one in four PCs sold by the US computer maker is AI-enabled and that could grow as customers upgrade

A recovery in the long-ailing personal computer market has started to materialise, but US tariffs have increased uncertainty.

HP’s profit forecast suggests it can withstand tariff hit

Companies built up PC inventory in the first half of the year to avoid tariffs

The company is boosting production in Vietnam, Thailand, India, Mexico and the US.

HP plunges after cutting profit outlook on tariffs, economy

A recovery in the long-ailing personal computer market has started to materialise in recent quarters, but tariffs are derailing progress

HP will also cut from 1,000 to 2,000 workers through the end of the fiscal year which ends in October.

HP sees weaker profit on tariffs; will cut over 1,000 jobs

Rising component costs and US tariffs on imports from China are weighing on profit, CEO Enrique Lores says

HP has touted cost, security and speed as benefits of delivering some generative AI features locally, rather than through the cloud.

HP to acquire parts of Humane, Ai Pin startup from ex-Apple managers, for US$116 million

The deal will include the majority of Humane’s employees in addition to its software platform and intellectual property

Dell tumbled 11 per cent, with the company set to shed about US$11 billion from its US$99.50 billion market value, after it forecast quarterly revenue below estimates.

HP, Dell’s weak forecasts spark share sell-off, doubts over PC market recovery

SHARES of Dell and HP fell on Wednesday (Nov 27) after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs.

PC makers had hoped that new machines touted as better for artificial intelligence workloads would spur demand.

HP gives lacklustre profit outlook on slow PC market recovery

HP GAVE an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal computer (PC) market’s recovery from a yearslong slump.

Lynch was celebrating his acquittal from US criminal charges with a small group of advisers when the storm struck his luxury yacht.

HP to pursue US$4 billion damages after death of tech tycoon Mike Lynch

The company risks its reputation as the prospect of pursing damages is likely to be unpopular after the tragedy

HP's disappointing profit forecast overshadowed the company’s first revenue gain in two years, suggesting an end to a long slump in demand for personal computers.

HP falls after cutting profit outlook on printer slowdown

HP INC slipped about 3 per cent in extended trading after cutting its full-year profit outlook on a continued downturn in its printing unit.