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HP CEO: AI will give birth to a new category of PC, expected to be launched next year

On Tuesday, May 31st, HP CEO Enrique Lores stated in an interview that artificial intelligence will completely transform the personal computer (PC) industry, especially HP.He said, "We believe there is a real opportunity to create a new category of personal computers and make significant upgrades

On Tuesday, May 31st, HP CEO Enrique Lores stated in an interview that artificial intelligence will completely transform the personal computer (PC) industry, especially HP.

He said, "We believe there is a real opportunity to create a new category of personal computers and make significant upgrades. Artificial intelligence will help us redefine PCs, and we are working with all major software and chip suppliers to redesign the architecture of computers to provide a more unique user experience

Lorez stated that HP is developing personal computers that support artificial intelligence, allowing customers to create spreadsheets and analyze data more quickly. Unlike analysts who spend hours researching data, artificial intelligence can create spreadsheets, analyze data, and even communicate with humans about the results within seconds. These new models are expected to be launched in 2024.

I have been working in this industry for many years, but I have never seen such an opportunity. It can truly drive innovation and meet new customer needs, and we are confident that these needs will be fundamental

The second quarter financial report for the 2023 fiscal year released by HP on the same day was not ideal, with revenue of $12.91 billion, lower than the widely expected $13.07 billion. But the profit was better than expected and the full year forecast was raised.

However, Lorez believes that with HP completing channel inventory reduction and the arrival of the year-end shopping season, the performance in the second half of the year will be even stronger.

He said, "We believe this is the result of the overall market adjustment. Our performance in the first half of the year was affected by our and the entire computer industry's inventory clearance actions. In the second half, with the arrival of the back to school and holiday seasons, consumer demand will become even stronger

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