Lenovo Warns Memory Chip Disturbance to Last Entire Year [Yahoo! Finance Canada]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg “This structural imbalance between supply and demand is not simply a short-term fluctuation,” the CEO said in an interview. Memory costs increased by 40% to 50% for Lenovo over the last quarter, and even the contract price could be doubled in the current quarter, Yang said. Holiday sales and advanced orders placed before widely expected price hikes are lifting the PC sector, with the market expanding 9.6% last quarter, according to consultancy IDC. Alongside Lenovo, fellow category leaders HP Inc. and Dell Technologies Inc. each recorded double-digit shipment growth. But appetite for AI is squeezing availability of memory chips and other essential components. The impact of that global shortage is expected to grow in the coming months. “We expect the pulled-forward demand to somewhat persist in the March quarter, but we believe the cheaper inventory should be largely depleted during 1Q. As such, we are likely to see more price hikes going forward, eventu
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HPQ
Earnings
- 11/25/25 - Beat
HPQ
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- 2/5/26 - Form 4
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- 2/3/26 - Form 8-K
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