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HP Inc. (NYSE: HPQ) is a global technology leader driving innovation in personal computing, hybrid work solutions, and advanced 3D printing. This page aggregates official announcements and market-moving developments for investors and industry observers.
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HP Inc. (NYSE: HPQ) and the HP Foundation have announced their 2025 Digital Equity Accelerator cohort, selecting 8 nonprofit organizations across Greece, Indonesia, Nigeria, and Spain. Each organization will receive $100,000 in HP technology and solutions, along with capacity-building cash grants and six months of training.
The initiative aims to bridge the digital divide by providing technology access and digital skills training to disconnected communities. The selected nonprofits focus on various programs, from digital skills training to education access and AI-driven development. In its first three years, the Accelerator has helped 27 participating organizations expand their reach by over 9 million people.
This program is part of HP's broader commitment to accelerate digital equity for 150 million people by 2030, addressing the $1 trillion-plus digital divide that currently limits billions from accessing education and economic opportunities.
HP Inc. (NYSE: HPQ) and the HP Foundation have announced their 2025 Digital Equity Accelerator cohort, selecting 8 nonprofit organizations across Greece, Indonesia, Nigeria, and Spain. Each organization will receive a $100,000 grant, HP technology worth approximately $100,000, and six months of virtual training to advance digital inclusion.
The initiative aims to bridge the digital divide by providing technology access and digital skills training to disconnected communities. The program has already helped 27 participating organizations expand their reach by over 9 million people in its first three years. Selected organizations include Socialinnov in Greece, Solve Education Foundation in Indonesia, She-Code Africa Women Tech Initiative in Nigeria, and AlmaNatura Foundation in Spain.
This initiative is part of HP's broader goal to accelerate digital equity for 150 million people by 2030, addressing the $1 trillion-plus digital divide that currently limits billions from accessing education and economic opportunities.
HP Inc. (NYSE: HPQ) has announced the pricing of a $1 billion senior unsecured notes offering, split into two tranches: $500 million of 5.400% notes due 2030 at 99.732% of principal amount, and $500 million of 6.100% notes due 2035 at 99.778% of principal amount.
The company plans to use the proceeds for general corporate purposes, including potential repayment of its 2.200% notes maturing in June 2025. The issuance is expected to close on April 25, 2025, subject to customary conditions. BNP Paribas Securities, BofA Securities, Goldman Sachs, J.P. Morgan Securities, and Wells Fargo Securities are serving as joint book-running managers for the offering.
HP Inc. (NYSE: HPQ) and Reincubate have announced a multi-year strategic partnership to enhance on-device video and video conferencing experiences using AI technology. The collaboration focuses on leveraging Neural Processing Units (NPUs) in HP's next-generation AI PCs to deliver improved digital collaboration capabilities.
Key aspects of the partnership include:
- Implementation of Reincubate's AI video conferencing technology for HP's AI PC users
- On-device AI processing for enhanced security and efficiency
- NPU optimization for improved performance and battery life
- Local processing of video and audio on the NPU for secure operations
The partnership aims to create more immersive digital collaboration experiences while maintaining privacy and security through on-device processing, utilizing minimal CPU and GPU resources.
HP Inc. (NYSE: HPQ) announced significant enhancements to its Amplify™ partner program at the 2025 Amplify Conference in Nashville. The company introduced the Amplify SuperPower Booster, a new compensation structure rewarding partners for portfolio-wide sales, launching May 1 for commercial partners with later rollout for retail and distribution.
HP expanded its Amplify AI program with new resources including instant access to AI experts, personalized training modules, and the HP NVIDIA Technical Sales Strategy AI Workstation MasterClass. The company also outlined a two-year roadmap to transform its Partner Portal with AI technologies, including a planned Partner AI Assistant.
The company's Amplify Impact sustainability program has exceeded its 2025 target of enrolling 50% of Amplify partners. Participating partners have experienced a 70% increase in win rates, resulting in doubled sustainable sales year over year.
HP Inc. (NYSE: HPQ) unveiled over 80 new products and services at its annual Amplify Conference, focusing on AI-powered innovations to shape the future of work. The company introduced the world's largest portfolio of AI PCs, including new HP EliteBooks, EliteDesks, and OmniBooks.
Key announcements include the HP LaserJet Enterprise 8000 Series Printers, the first to protect against quantum computer attacks, and enhanced AI-powered insights in their Workforce Experience Platform. The EliteBook 8 Series features NPU options delivering up to 224% better power efficiency and 43 times faster AI image generation compared to previous models.
HP also launched new gaming hardware, including the OMEN 16 Slim Gaming Laptop with Intel Core Ultra 9 processors and NVIDIA GeForce RTX 5070 GPU, and the HyperX Cloud III S Wireless Gaming Headset offering up to 120 hours of battery life.
HP Inc. (NYSE: HPQ) is hosting its Amplify Conference in Nashville from March 17-19, 2025, focusing on the theme 'Driving the Future Together.' The event will gather 1,500 commercial, retail, alliance, distribution partners and customers to explore AI's impact on work and business.
The conference will showcase more than 80 AI-enabled solutions across a 40,000 square foot exhibit space. Notable speakers include HP CEO Enrique Lores, AMD CEO Dr. Lisa Su, NVIDIA CEO Jensen Huang, and other industry leaders.
The event features sustainability initiatives including elimination of single-use plastics, food donation programs, and eco-conscious venue selection with features like EV charging stations and cooking oil recycling for biofuels.
HP (HPQ) reported Q1 fiscal 2025 results with net revenue of $13.5 billion, up 2.4% year-over-year. The company achieved GAAP EPS of $0.59 and non-GAAP EPS of $0.74, both within previously provided guidance.
Personal Systems revenue grew 5% to $9.2 billion, with Commercial PS revenue up 10% while Consumer PS declined 7%. Printing revenue decreased 2% to $4.3 billion, with Consumer Printing up 5% but Commercial Printing down 7%.
HP generated $70 million in free cash flow and returned $0.4 billion to shareholders through dividends and share repurchases. The company increased its Future Ready plan savings target to $1.9 billion by the end of fiscal 2025.
For fiscal 2025, HP projects GAAP EPS of $2.86-3.16 and non-GAAP EPS of $3.45-3.75, with expected free cash flow of $3.2-3.6 billion.
HP Inc. (NYSE: HPQ) has announced the appointment of Gianluca Pettiti to its Board of Directors, effective immediately. Pettiti currently serves as Executive Vice President and President of Life Sciences, Diagnostics and Applied at Thermo Fisher Scientific Inc.
Board Chair Chip Bergh highlighted Pettiti's global expertise and track record in fostering innovation at the intersection of technology and life sciences. CEO Enrique Lores emphasized Pettiti's international career experience and expertise in AI implementation will contribute to HP's artificial intelligence initiatives and customer experience enhancement.
Pettiti holds a Master of Science in Engineering from Politecnico di Torino and serves as a board member at the Italian Institute of Technology, a leading research institute in robotics and AI. He has authored several articles on AI and digital transformation in healthcare.
HP Inc. (NYSE: HPQ) has announced a definitive agreement to acquire key AI capabilities from Humane for $116 million. The acquisition includes Humane's AI-powered platform Cosmos, technical talent, and intellectual property comprising over 300 patents and patent applications.
The acquired team will form HP IQ, the company's new AI innovation lab, focusing on building an intelligent ecosystem across HP's products and services. The lab will be part of HP's Technology and Innovation Organization, working to develop AI-enhanced devices that can process AI requests both locally and in the cloud.
The transaction is expected to close by the end of February 2025, marking a significant step in HP's transformation into an experience-led company, particularly in areas such as AI PCs, smart printers, and connected conference rooms.
