HP
HP Unveils World’s First Quantum-Resistant Printers with Revolutionary ASIC Chips
March 19, 2025 – At its Amplify Conference 2025, Hewlett-Packard (HP) unveiled a groundbreaking lineup of printer models engineered to withstand the threats posed by quantum computing in password decryption. The newly introduced devices include the Color LaserJet Enterprise MFP 8801, Mono MFP 8601, and LaserJet Pro Mono SFP 8501. According to HP, these printers…
HP to Lay Off Up to 2000 Employees Amid US Tariff Impact on Profits
February 28, 2025 – HP Inc. released its second-quarter profit forecast yesterday, revealing figures that fell short of market expectations. The company attributed the lower-than-expected profits to “increased component costs and tariffs imposed by the US authorities.” According to HP, earnings per share for the second fiscal quarter ending in April are expected to range…
US Government Pledges Up to $50 Million to Boost HP’s Microfluidic Semiconductor Factory
August 28, 2024 – In a landmark move, the United States Department of Commerce and Hewlett-Packard (HP) inked a non-binding preliminary memorandum yesterday, outlining plans to channel up to $50 million in direct funding from the Chips and Science Act towards HP’s endeavors. This strategic allocation targets HP’s microfluidic semiconductor facility in Corvallis, Oregon, with…
Warren Buffett’s Berkshire Hathaway Sells HP Shares at a Loss
October 09, 2023 – According to documents filed with the U.S. Securities and Exchange Commission, Warren Buffett’s Berkshire Hathaway continued to sell its shares in HP Inc. this week at a loss, reducing its stake in the company to less than 10%. On Thursday, local time, Berkshire Hathaway submitted documents to the SEC revealing that…