HP Inc. Has a Memory Problem. Financial Forecasts Take a Hit.

MSN
2025.11.29 18:32

HP Inc. is facing a significant challenge due to a substantial increase in memory chip prices, which is impacting its Personal Systems business and overall financial outlook. The company has revised its fiscal 2024 free cash flow projections downwards and analysts are adjusting their price targets accordingly. This situation highlights the sensitivity of hardware manufacturers to component cost fluctuations.