Interim CEO Bruce Broussard told investors the company has responded by securing long-term supply agreements for the year and has "qualified new suppliers".
The proportion that RAM and storage makes up of the cost of producing an HP PC has doubled this year to 35%. Specifically, HP ...
Due to the shortage, the company also says that memory now accounts for 35% of a PC's total cost, up from 15% to 18% in the ...
Computer maker HP blamed the surge in memory chip prices as it forecast earnings for the year to come in at the low end of ...
In an illustration of the severity of the current memory shortage, HP Inc. CFO Karen Parkhill said that RAM has gone from ...
At 35%, HP's prices for memory are approximately double what they were a year ago, leading to inevitable increases in the ...
The computer and printer maker continues to face higher costs for the memory chips used in its computers.
HP Inc. believes it has a solid strategy to recover from the impacts of the industry-wide memory crisis “over time” even as ...
Personal computer maker HP Inc. delivered solid fiscal first-quarter results that came in ahead of expectations today, but its stock was dropping in late trading after it provided a disappointing ...
Shares of HP (HPQ) fell on Wednesday after the company's mixed outlook, as analysts pointed to memory headwinds.
HP is to cut between 4,000 and 6,000 roles by 2028, with the tech giant warning memory supply chain issues are due to impact company performance. The workforce announcement was made in the company’s ...
PCs aren't getting any cheaper, HP warns ...
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