Bloomberg Talks

HP CEO Enrique Lores Talks Earnings and Future

Feb 28, 2025
HP's CEO Enrique Lores tackles the company's financial hurdles and strategic layoffs aimed at future investments. He dives into the rise of AI PCs and discusses cost reduction strategies amid component price hikes. The shift towards U.S.-based manufacturing is explored, along with efforts to attract younger consumers through gaming initiatives. The acquisition of the AI company Humane is also highlighted, showcasing HP's push to integrate innovative technologies, all while navigating the broader challenges in the tech and automotive industries.
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