PCs

HP (NYSE:HPQ) eased market worries over PCs and printing with solid Q3 results, prompting JPMorgan's Samik Chatterjee to reaffirm an Overweight rating and lift his price target to $30 on AI PC momentum, a Windows 11 refresh, and supply chain gains. Also Read: HP Stock Drops 10% Post-Earnings Miss,...

Dell Technologies Inc. (NYSE:DELL) reported a mixed fourth quarter, however, the management announced an 18% increase in annual dividend and said that it expects the artificial intelligence server business to grow by at least $15 billion in the fiscal year 2026. What Happened: Despite a revenue...

Apple Inc. (NASDAQ:AAPL) had a 20.8% increase in personal computer shipments for the second quarter, marking the largest growth among global PC manufacturers. What Happened: The PC industry, which faced historic declines, is showing signs of recovery with two consecutive quarters of...

This story was first published on the Benzinga India portal. Global tech heavyweights HP Inc. (NASDAQ: HP) and Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google have announced their plan to partner up and produce low-cost Chromebooks in India to enhance digital education...

Autonomous vehicles (AV) will change transportation like the way personal computers changed office work, Bill Gates wrote in his blog. But when? Gates wrote that he believes autonomous vehicles will reach a tipping point within the next decade. “Right now, we're close to the tipping point—...

Dell Technologies Inc (NYSE: DELL) reported on Thursday mixed results for its second quarter, with an earnings beat but revenue short of Wall Street expectations. Morgan Stanley On Dell Technologies Analyst Erik Woodring reaffirmed an Equal-Weight rating while reducing the price target from $...

China has asked its central government agencies and state-backed corporations to replace all foreign PC hardware and operating systems with domestic alternatives within two years, Bloomberg reported on Friday, citing people familiar with the plan. What Happened: The Chinese government,...

Global PC shipments, also including tablets, fell in the third quarter although remaining well above pre-COVID-19 pandemic levels, new research by Canalys showed. Modest Slippage In Q3: PC shipments fell 2% year-over-year in the third quarter to 122.1 million units, with...

The Street's reaction to Advanced Micro Devices, Inc. (NASDAQ: AMD) second-quarter report Tuesday was mixed: the stock traded lower by 8%, as investors were likely concerned with a poor outlook. CEO Dr. Lisa Su was a guest on CNBC's "Squawk on the Street" segment to discuss the...

New product momentum and anticipated market share gains in both PCs and servers provides strong medium-term catalysts for Advanced Micro Devices, Inc. (NASDAQ: AMD), according to Baird.  The Analyst Tristan Gerra of Baird reiterated an Outperform rating on AMD with a $20 price target. The...

There seems to be no light at the end of the tunnel for the PC market, as it continues its lean run in the recently concluded second quarter. The PC market has been on a secular decline for five years now, and the second quarter marked the eleventh straight quarter PC shipments fell year over year...

The PC market may be taking its baby steps toward turning things around, going by a research published by Bluefin Research Partners on Monday. Given the semblance of stability in the PC environment, the firm said it likes Intel Corporation (NASDAQ: INTC) and Advanced Micro Devices, Inc. (NASDAQ:...

The downturn in PC market continued in 2016 as shipments declined for the fifth year in a row, according to estimates from research firm Gartner. Gartner said 2016 worldwide PC shipments fell 6.2 percent to 269.7 million units. PC shipments have declined annually since 2012. For the fourth quarter...

After market close on July 11, IDC released its preliminary PC market estimates for the June quarter. PC Units Decline Barclays’ Mark Moskowitz mentioned PC units declined 4.5 percent year-on-year, meaningfully better than the estimate of a decline of 9.4 percent. Moskowitz believes the...