California Public Employees Retirement System cut its position in HP Inc. (NYSE:HPQ – Free Report) by 1.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,677,428 shares of the computer maker’s stock after selling 20,477 shares during the period. California Public Employees Retirement System owned 0.18% of HP worth $32,223,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. DNB Asset Management AS lifted its holdings in HP by 242.2% during the 4th quarter. DNB Asset Management AS now owns 10,594,630 shares of the computer maker’s stock worth $236,048,000 after buying an additional 7,498,202 shares during the last quarter. Norges Bank acquired a new stake in shares of HP during the 4th quarter worth about $149,309,000. Arrowstreet Capital Limited Partnership raised its position in shares of HP by 186.1% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 8,378,723 shares of the computer maker’s stock worth $228,153,000 after acquiring an additional 5,449,691 shares in the last quarter. AQR Capital Management LLC lifted its stake in HP by 143.4% during the third quarter. AQR Capital Management LLC now owns 9,039,803 shares of the computer maker’s stock worth $244,527,000 after purchasing an additional 5,325,260 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in HP by 626.6% during the fourth quarter. Renaissance Technologies LLC now owns 4,948,700 shares of the computer maker’s stock worth $110,257,000 after purchasing an additional 4,267,600 shares during the last quarter. 77.53% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets In related news, insider David P. Mcquarrie sold 10,524 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $24.68, for a total transaction of $259,732.32. Following the completion of the sale, the insider owned 92,200 shares in the company, valued at $2,275,496. This represents a 10.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.18% of the stock is currently owned by corporate insiders.
HP Stock Up 2.3% NYSE:HPQ opened at $24.79 on Wednesday. The company has a market capitalization of $22.67 billion, a PE ratio of 9.15, a P/E/G ratio of 4.09 and a beta of 1.19. HP Inc. has a 52-week low of $17.56 and a 52-week high of $29.65. The stock’s 50 day moving average price is $23.88 and its 200 day moving average price is $21.13.
HP (NYSE:HPQ – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The computer maker reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.14. The company had revenue of $14.41 billion during the quarter, compared to analysts’ expectations of $13.99 billion. HP had a negative return on equity of 581.36% and a net margin of 4.45%.The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 earnings per share. HP has set its FY 2026 guidance at 2.900-3.100 EPS and its Q3 2026 guidance at 0.610-0.710 EPS. As a group, sell-side analysts anticipate that HP Inc. will post 2.98 EPS for the current fiscal year.
HP Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Wednesday, September 9th will be given a $0.30 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $1.20 annualized dividend and a yield of 4.8%. HP’s dividend payout ratio is 44.28%.
Wall Street Analyst Weigh In Several equities analysts have commented on HPQ shares. Barclays increased their price target on shares of HP from $16.00 to $19.00 and gave the company an “underweight” rating in a research note on Thursday, May 28th. Wells Fargo & Company boosted their price objective on shares of HP from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, May 28th. Morgan Stanley upped their target price on shares of HP from $17.00 to $19.00 and gave the company an “underweight” rating in a report on Thursday, May 28th. JPMorgan Chase & Co. increased their target price on shares of HP from $22.00 to $26.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Finally, Wall Street Zen cut shares of HP from a “buy” rating to a “hold” rating in a research report on Saturday. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $23.33.
Get Our Latest Stock Analysis on HP
About HP (Free Report)
HP Inc is an American multinational information technology company that designs, manufactures and sells personal computing devices, printers and related supplies and services. Its product portfolio spans consumer and commercial notebooks and desktops, workstations, displays and accessories, as well as an extensive line of printing hardware that includes home, office and production printers. HP also provides consumables such as ink and toner, managed print services, device deployment and lifecycle support, and software for device and print management.
Founded from the original Hewlett‑Packard Company, HP Inc became a separately traded public company in 2015 following a corporate split that created Hewlett Packard Enterprise to focus on enterprise hardware and services.
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HP (HPQ - Free Report) closed the most recent trading day at $24.81, moving +2.44% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.89%. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
The personal computer and printer maker's stock has climbed by 2.89% in the past month, exceeding the Computer and Technology sector's loss of 6.6% and the S&P 500's loss of 0.63%.
The investment community will be paying close attention to the earnings performance of HP in its upcoming release. It is anticipated that the company will report an EPS of $0.66, marking a 12% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $14.6 billion, reflecting a 4.82% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.98 per share and a revenue of $58.26 billion, representing changes of -4.49% and +5.37%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for HP. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, HP boasts a Zacks Rank of #3 (Hold).
In the context of valuation, HP is at present trading with a Forward P/E ratio of 8.13. This valuation marks a discount compared to its industry average Forward P/E of 20.31.
It is also worth noting that HPQ currently has a PEG ratio of 4.09. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Computer - Micro Computers was holding an average PEG ratio of 2.84 at yesterday's closing price.
The Computer - Micro Computers industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 18, this industry ranks in the top 8% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
HPQ ENDURA+ Gen4 21700 lithium-ion cells have successfully achieved UL 1642 safety certification from an accredited independent testing laboratory.UL 1642 certification validates compliance with one of the industry's most widely recognized U.S. safety standards for commercial lithium-ion cells.Gen4 platform certified at 6,500 mAh, representing an 8.3% increase in capacity over HPQ's previously certified Gen3 platform.Certification supports customer qualification programs, battery pack integration, commercial evaluations, and industrial partnership discussions. MONTREAL, July 20, 2026 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company specializing in advanced materials innovation and the development of next-generation processes, is pleased to announce that its HPQ ENDURA+ Gen4 21700 lithium-ion cell platform has successfully achieved UL 1642 safety certification, marking another important commercialization milestone for the Company's silicon-anode battery technology.
The certification, awarded by an accredited independent laboratories, confirm that HPQ's latest-generation cell platform complies with internationally recognized UL 1642, one of the industry's most widely recognized safety standards applicable to commercial lithium-ion cells. UL 1642 certification supports customer qualification, battery pack integration, and commercial evaluation activities by prospective industrial partners.
Cylindrical GEN4 HPQ Endura+ Cells
The achievement builds on HPQ's previously certified Gen3 cell platform and demonstrates the Company's ability to successfully certify successive generations of its battery technology while continuing to improve performance. Compared with the certified Gen3 21700 cell, which delivers 6,000 mAh, the Gen4 cell platform is certified at 6,500 mAh, representing an 8.3% increase in capacity, while successfully meeting the requirements of UL 1642 safety certification. This progression highlights HPQ's ability to advance battery performance without compromising the safety and reliability required for commercial deployment.
As global demand accelerates for higher-energy lithium-ion batteries across mobility, energy storage, telecommunications, defense, robotics, and industrial applications, manufacturers are increasingly seeking battery technologies that combine improved performance with compatibility across existing manufacturing infrastructure. Independent certification provides customers, integrators, and OEMs with additional confidence as they evaluate next-generation cell platforms for commercial applications.
"Independent certification is one of the most important steps in transforming an advanced battery technology into a commercially viable product," said Bernard Tourillon, Chairman, President and CEO of HPQ Silicon Inc. "Successfully certifying our next-generation HPQ ENDURA+ platform demonstrates that we can continue increasing battery performance while meeting one of the industry’s most widely recognized safety standards for commercial lithium-ion cells. This milestone further strengthens our commercialization strategy by providing customers and industrial partners with greater confidence as they evaluate our technology for future applications."
The successful certification of successive HPQ ENDURA+ cell generations also reflects the continued advancement of the Company's collaboration with Novacium, whose silicon-based anode technology is designed to increase energy density while remaining compatible with conventional lithium-ion cell manufacturing processes. This compatibility represents an important commercial advantage by supporting adoption without requiring manufacturers to redesign existing production infrastructure.
With certification complete, HPQ will continue supporting customer evaluation programs, qualification activities, battery pack integration, and commercial discussions with prospective industrial partners across targeted high-value markets. These efforts represent the next phase in the Company's strategy to commercialize the HPQ ENDURA+ platform and expand opportunities for its next-generation silicon-anode battery technology.
The Company continues to advance additional certification activities supporting broader commercial deployment.
To complement this announcement, HPQ has published a technical Insight article titled " Why UL 1642 Certification Is an Important Commercial Milestone for Next-Generation Lithium-Ion Batteries.”
The article provides a detailed review of the engineering principles, testing protocols, and commercial significance of these internationally recognized certification standards, along with an analysis of what HPQ's latest certification milestone means for the commercialization of its HPQ ENDURA+ silicon-anode cell platform.
Read the article here.
About HPQ Silicon
HPQ Silicon Inc. is a Quebec-based TSX Venture Exchange industrial issuer (TSX-V: HPQ) focused on innovation in advanced materials and critical process development. In partnership with its research and development partner Novacium—of which HPQ is a shareholder—the Company is advancing next-generation silicon-based anode materials and commercializing HPQ ENDURA+ lithium-ion battery platforms incorporating Gen3 and Gen4 technologies, commercializing its ENDURA+ lithium-ion cells, and developing breakthrough clean-hydrogen and waste-to-energy technologies, for which HPQ holds exclusive North American rights.
HPQ is also pursuing proprietary technologies to become a low-cost, zero-CO₂ producer of fumed silica with technical support from PyroGenesis Inc. Together, these initiatives position HPQ to capture growth opportunities in the energy storage, clean hydrogen, and advanced materials markets essential to achieving global net-zero goals.
For more information, please visit HPQ Silicon web site.
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking statements. These statements rely on assumptions about technology performance, market demand, permits, financing, supply chains, and economic conditions but remain subject to significant risks, including delays, regulatory challenges, competition, pricing, financing availability, and macroeconomic uncertainties. Actual outcomes may differ materially from expectations. Detailed risk factors are outlined in HPQ’s Annual Information Form available on SEDAR+. Forward-looking information is provided solely to outline management’s future expectations and objectives.
A more detailed cautionary note regarding forward-looking information related to the HPQ Endura+ batteries project is available for download [here],
Further information regarding the Company is available in the SEDAR+ database (www.sedarplus.ca), and on the Company’s website at: http://www.hpqsilicon.com/
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release is available on the company's CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
Source: HPQ Silicon Inc.
For further information contact:
Bernard J. Tourillon, BAA – MBA Chairman, President, and CEO
Tel +1 (514) 846-3271 / Email: [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f0b3d934-1003-4176-b2ca-1bf22d072c1a
In the latest close session, HP (HPQ - Free Report) was down 3.57% at $23.75. This change lagged the S&P 500's 0.38% gain on the day. Meanwhile, the Dow experienced a rise of 0.29%, and the technology-dominated Nasdaq saw an increase of 0.62%.
Coming into today, shares of the personal computer and printer maker had gained 1.4% in the past month. In that same time, the Computer and Technology sector lost 0.53%, while the S&P 500 gained 1.61%.
The investment community will be paying close attention to the earnings performance of HP in its upcoming release. It is anticipated that the company will report an EPS of $0.66, marking a 12% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $14.62 billion, showing a 4.91% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.98 per share and revenue of $58.27 billion, indicating changes of -4.49% and +5.39%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for HP. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. HP is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, HP is holding a Forward P/E ratio of 8.27. This denotes a discount relative to the industry average Forward P/E of 24.37.
It's also important to note that HPQ currently trades at a PEG ratio of 4.16. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Computer - Micro Computers industry stood at 2.74 at the close of the market yesterday.
The Computer - Micro Computers industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 19, putting it in the top 8% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
In the latest close session, HP (HPQ - Free Report) was up +2.27% at $24.77. This move outpaced the S&P 500's daily loss of 0.79%. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq decreased by 1.55%.
Heading into today, shares of the personal computer and printer maker had lost 4.04% over the past month, lagging the Computer and Technology sector's gain of 3.44% and the S&P 500's gain of 4.28%.
The investment community will be closely monitoring the performance of HP in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.66, reflecting a 12% decrease from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $14.62 billion, up 4.91% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.98 per share and revenue of $58.27 billion. These totals would mark changes of -4.49% and +5.39%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for HP. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, HP boasts a Zacks Rank of #3 (Hold).
In terms of valuation, HP is presently being traded at a Forward P/E ratio of 8.13. This expresses a discount compared to the average Forward P/E of 23.17 of its industry.
We can additionally observe that HPQ currently boasts a PEG ratio of 4.09. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Computer - Micro Computers industry was having an average PEG ratio of 2.74.
The Computer - Micro Computers industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 17, this industry ranks in the top 7% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Strengthened commercial leadership team, including a senior business development executive with operational experience in the French Special Forces, together with a strategic partnership with Offset Links.Expands HPQ’s and Novacium’s capabilities to identify and pursue potential opportunities beyond France across selected industrial and defence markets. MONTREAL, July 13, 2026 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company specializing in advanced materials innovation and next-generation industrial processes, announces that it and Novacium SAS (“Novacium”) are expanding their commercial and business development capabilities.
This initiative supports Novacium’s transition from technology development toward increased market engagement and commercial development activities across selected industrial and defence markets. It also supports HPQ’s business development strategy for Novacium’s technologies in Canada, the United States and Mexico under HPQ’s exclusive North American commercialization rights.
The expanded business development platform includes the appointment of senior professionals and a strategic advisory relationship intended to support market outreach, identify prospective opportunities and advance discussions with potential industrial and defence-sector stakeholders.
“The addition of commercial leaders with decades of international business development experience, together with operational expertise from the French Special Forces, significantly expands Novacium's business development capabilities by adding experienced professionals in international business development and defence markets,” said Bernard Tourillon, President and CEO of HPQ Silicon Inc. “As Novacium expands its business development organization, HPQ expects to benefit from these expanded capabilities through its strategic investment and exclusive North American commercialization rights. We believe this initiative represents another important step in supporting the identification and evaluation of future commercial opportunities for Novacium's technologies.”
Offset Links: A Strategic Partnership to Support International Growth
HPQ and Novacium have partnered with Offset Links, a consultancy specialising in business development for the industrial and defence sectors.
Under the agreement, Offset Links will provide strategic advisory and business development support to HPQ and Novacium, including identifying potential commercial opportunities, facilitating introductions to prospective industrial and institutional stakeholders, and supporting discussions relating to international business development initiatives.
Initial areas of focus are expected to include Australia and the MENA region markets. No commercial agreements, procurement contracts or customer commitments have been entered into as part of this arrangement.
Jean Deschamps — Founder, Chairman and Chief Executive Officer
Jean Deschamps brings decades of international experience across industry, infrastructure, and defence, including several decades in the Middle East.
Senior leadership roles at SIDEM, THALES, and GIAT Industries.Major Gulf infrastructure and industrial projects, including one of Abu Dhabi's earliest seawater desalination facilities.More than 19 years advising the British Ministry of Defence (MOD) on industrial offset programmes in Saudi Arabia. At HPQ and Novacium, he will support strategic partnerships, international business development and engagement with prospective industrial and institutional stakeholders.
Matthieu Deschamps — Commercial and Strategy Director
Matthieu Deschamps joins as Commercial and Strategy Director with more than 20 years of experience in industry, international business development, and strategic growth.
Led international market expansion programmes and negotiated commercial agreements with major industrial clients.Supported numerous partnership, investment and corporate development initiatives.Skilled in complex negotiations, commercial structuring, strategic account management, and scaling high-growth technology ventures. At HPQ and Novacium, he will lead commercial development initiatives, support strategic partnership discussions and business development activities across selected industrial and defence sectors.
Jean-Louis Florentin — Defence Business Development
Novacium and HPQ have appointed Jean-Louis Florentin to lead defence-sector business development, following a 15-year operational career in the French Special Forces.
Worked closely with defence contractors and military stakeholders to develop and deploy solutions for demanding operational environments.Collaborated with organisations including Nexter, the French Army Technical Section (STAT), and the Integrated Structure for the Operational Maintenance of Land Equipment (SIMMT), bridging technical teams, procurement, and end-users. His understanding of defence procurement processes and operational requirements will support HPQ's and Novacium's efforts to develop advanced energy solutions for applications including drones, embedded electronics and next-generation autonomous systems.
“Over the past several years, Novacium has developed a portfolio of energy technologies and is expanding its business development capabilities,” said Dr. Jed Kraiem. “The addition of Jean Deschamps, Matthieu Deschamps and Jean-Louis Florentin expands our business development capabilities by combining expertise in international business development, strategic partnerships and defence markets. Together, they will support engagement with prospective industrial, institutional and defence stakeholders while helping identify and evaluate potential commercial opportunities for our technologies.”
Salient points about the Offset Links agreement
HPQ and Offset Links have entered into a non-exclusive, arm's-length framework business development agreement with an initial one-year term, renewable unless terminated by either party. Under the agreement, Offset Links will provide strategic advisory and business development services, including identifying prospective opportunities, facilitating introductions to potential partners, and supporting the development of commercial, industrial and technology partnerships. Compensation, if any, will be determined separately for each approved business development assignment.
About HPQ Silicon
HPQ Silicon Inc. is a Quebec-based TSX Venture Exchange industrial issuer (TSX-V: HPQ) focused on innovation in advanced materials and critical process development. In partnership with its research and development partner Novacium—of which HPQ is a shareholder—the Company is advancing next-generation silicon-based anode materials (Gen3 and Gen4) for batteries, commercializing its ENDURA+ lithium-ion cells, and developing breakthrough clean-hydrogen and waste-to-energy technologies, for which HPQ holds exclusive North American rights.
HPQ is also pursuing proprietary technologies to become a low-cost, zero-CO₂ producer of fumed silica with technical support from PyroGenesis Inc. Together, these initiatives position HPQ to capture growth opportunities in the energy storage, clean hydrogen, and advanced materials markets essential to achieving global net-zero goals.
For more information, please visit HPQ Silicon web site.
About NOVACIUM SAS
Novacium is an innovative technology start-up created in 2022, in France. It is an engineering and R&D company dedicated to materials for energy, with a specialization in silicon and hydrogen. Novacium is developing 2 technologies. The first concerns a new silicon-based anode material that significantly increases the capacity of Li-ion batteries. Novacium's second activity is the generation of hydrogen. Novacium is developing an autonomous hydrogen generation system for civil and military applications fueled by a patented alloy based on silicon and aluminum.
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking statements. These statements rely on assumptions about technology performance, market demand, permits, financing, supply chains, and economic conditions but remain subject to significant risks, including delays, regulatory challenges, competition, pricing, financing availability, and macroeconomic uncertainties. Actual outcomes may differ materially from expectations. Detailed risk factors are outlined in HPQ’s Annual Information Form available on SEDAR+. Forward-looking information is provided solely to outline management’s future expectations and objectives.
A more detailed cautionary note regarding forward-looking information related to the HPQ Endura+ batteries project is available for download [here], and METAGENE™ technology is available for download [here].
Further information regarding the Company is available in the SEDAR+ database (www.sedarplus.ca), and on the Company’s website at: http://www.hpqsilicon.com/
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release is available on the company's CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
Source: HPQ Silicon Inc.
For further information contact:
Bernard J. Tourillon, BAA, MBA Chairman, President, and CEO
Tel +1 (514) 846-3271 / Email: [email protected]
HP, Inc. is a high-yield, undervalued tech stock with a bullish technical setup and a nearly 5% dividend yield. HPQ demonstrates strong valuation and profitability grades, with recent upward revisions to EPS and revenue estimates supporting its investment case. Technical analysis shows HPQ trading above its 30-week EMA, with bullish momentum, volume, and relative strength versus the S&P 500.
HP (HPQ - Free Report) ended the recent trading session at $22.96, demonstrating a +1.59% change from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 1.16%.
Shares of the personal computer and printer maker witnessed a loss of 10.95% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 0.38%, and the S&P 500's gain of 2.14%.
The investment community will be paying close attention to the earnings performance of HP in its upcoming release. The company is expected to report EPS of $0.66, down 12% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $14.62 billion, reflecting a 4.91% rise from the equivalent quarter last year.
HPQ's full-year Zacks Consensus Estimates are calling for earnings of $2.98 per share and revenue of $58.27 billion. These results would represent year-over-year changes of -4.49% and +5.39%, respectively.
It is also important to note the recent changes to analyst estimates for HP. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. HP presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, HP is currently exchanging hands at a Forward P/E ratio of 7.59. This indicates a discount in contrast to its industry's Forward P/E of 21.93.
Investors should also note that HPQ has a PEG ratio of 3.81 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Computer - Micro Computers industry stood at 2.72 at the close of the market yesterday.
The Computer - Micro Computers industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 21, positioning it in the top 9% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
HP's business continues to rebound, with Q2 revenues up 9% and three consecutive quarters of accelerating top-line growth. The Personal Systems segment outperformed; the Nvidia RTX Spark chip launch could spark an AI PC upgrade super cycle despite Apple's competitive push. Margins expanded, Q2 adjusted EPS of $0.86 beat expectations, and the stock boasts a 5.47% dividend yield, though debt levels warrant monitoring.
HP Inc. will deploy powerful AI-driven solutions with OpenAI Frontier to help drive HP transformation and growth initiatives The Frontier platform will be used across HP’s business, to enhance customer-facing experiences and internal operations The Frontier strategic partnership supports HP’s efforts to deliver an advanced telemetry platform with WXP, a recognized Gartner magic quadrant leader, enabling a connected device layer for the AI era PALO ALTO, Calif., June 28, 2026 (GLOBE NEWSWIRE) -- Today, HP Inc. (NYSE: HPQ) announced the launch of a strategic partnership with OpenAI, integrating its Frontier platform into HP’s global efforts to shape the Future of Work through enhanced customer-facing experiences and accelerated transformation across its operations.
“With OpenAI there is an opportunity to fundamentally rethink how AI can deliver better outcomes. With the use of Frontier platform, HP is planning to build a more consistent experience across store, partner, chat, and voice experiences, giving customers and partners faster ways to get answers, complete routine workflows, and move toward resolution. It reflects the ambition of our AI strategy to deliver real-world outcomes at scale,” said Prakash Arunkundrum, chief strategy and transformation officer, HP Inc.
HP has become one of the first global enterprises to adopt the Frontier platform to fuel its transformation. While specific use cases will be refined and added as the strategic partnership rolls out, HP’s aim is to deploy AI-driven solutions across areas that include:
Customer- and partner-facing solutions and experiencesCustomer telemetry insights, enabled through HP’s market leading WXP solution, and reportingEmployee productivity Software development “HP is showing what enterprise transformation looks like when AI becomes an operating layer - connected to the systems and workflows where work already happens,” said Denise Dresser, chief revenue officer at OpenAI. “HP has been an exceptional early partner, turning early value from OpenAI APIs and tools like ChatGPT and Codex into repeatable systems. We're thrilled to go deeper with them as they move beyond Frontier pilots to deliver measurable business impact at scale.”
The launch of the Frontier strategic partnership follows an exploratory period started in February 2026, in which HP worked with OpenAI to conduct a comprehensive evaluation of Frontier and its capabilities. HP assessed technical capabilities, use cases, and strategic alignment with company priorities through pilots of agentic capabilities, platform components, security, and enterprise integration.
Based on this evaluation, HP has determined OpenAI offers best-in-class models with a compelling vision for agent-based capabilities. With the Frontier strategic partnership underway, the two companies now plan to co-develop future use cases and ensure they meet HP’s rigorous enterprise standards, particularly around data integration, governance, and security. For HP, AI is becoming a new layer for how work gets done across the company. With OpenAI Frontier, that layer is being built with the context, governance, and execution capacity needed to move from early wins to enterprise-wide transformation.
Shaping the Future of Work for the AI Era
AI will change how people work. As AI tools get more powerful, HP believes that humans and AI agents will work together to unlock a new era of innovation and productivity. To prepare for this future, HP is innovating a suite of agentic AI Devices that seamlessly integrate into existing workflows, increasing employee efficiency. For AI Workloads that require always-on inference, HP is building devices with dedicated hardware optimized to run agentic AI workloads 24x7, creating the technology layer customers need to achieve their AI vision.
HP’s customers are building their workspaces to include PCs, workstations, printers, and collaboration solutions that work together to deliver powerful AI experiences, all secured and managed by the Workforce Experience Platform (WXP). WXP, a Leader in the 2026 Gartner® Magic Quadrant™ for Digital Employee Experience Management Tools, offers a ‘single pane of glass’ that can manage entire fleets of devices and provide the peace of mind CIOs and IT managers need as they define this AI future for their organizations.
HP is the surface where work gets done. As we move into an AI-driven era of technological advancement, HP brings AI to the edge, where work happens — not just where data is processed. That is the future of work.
About HP
HP Inc. (NYSE: HPQ) is a global technology leader redefining the Future of Work. Operating in more than 180 countries, HP delivers innovative and AI-powered devices, software, services, and subscriptions that drive business growth and professional fulfillment. For more information, please visit: HP.com.
Forward-Looking Statements
This press release contains forward-looking statements based on current expectations and assumptions that involve risks, uncertainties, and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, but not limited to, statements regarding the partnership between HP and OpenAI, the expected benefits of the partnership, the impact of the partnership on HP’s business, future opportunities, and any other statements regarding HP’s future expectations, beliefs, plans, objectives, or future events or performance. Forward-looking statements can also generally be identified by words such as “future,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “will,” “would,” “could,” “can,” “may,” and similar terms. Our forward-looking statements involve significant risks and uncertainties (may of which are beyond HP’s control) including the factors described in the Annual Report on Form 10-K for the fiscal year ended October 31, 2025, and HP’s other filings with the Securities and Exchange Commission. The forward-looking statements in this press release are made as of the date of this document and HP assumes no obligation and does not intend to update these forward-looking statements.
A month has gone by since the last earnings report for HP (HPQ - Free Report) . Shares have lost about 8.4% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is HP due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for HP Inc. before we dive into how investors and analysts have reacted as of late.
HPQ's Q2 Earnings Surpass Expectations, Revenues Rise Y/YHP reported second-quarter fiscal 2026 earnings of 86 cents per share, which beat the Zacks Consensus Estimate by 19.4%. The company reported earnings of 71 cents per share a year ago. These figures are adjusted for non-recurring items.
HPQ posted revenues of $14.4 billion for the first quarter of fiscal 2026, which increased 9% year over year and surpassed the Zacks Consensus Estimate by 3.5%.This compares with $13.2 billion of revenues reported in the year-ago quarter.
HPQ’s Q2 Results in DetailPersonal Systems (PS) revenues (71% of net revenues) came in at $10.2 billion, up 13% year over year (10% in constant currency).
HP’s total PC units declined 7%, with Consumer PS shipments and Commercial PS shipments down 8% and 7%, respectively. On the revenue side, Consumer PS grew 10%, while Commercial PS rose 14%.
The Printing business (29% of net revenues) generated $4.2 billion, flat year over year (down 2% in constant currency). Consumer Printing revenues fell 10%, Commercial Printing revenues remained flat, and Supplies revenues increased 1% (remained flat in CC). Total hardware units were down 7%, with both Consumer and Commercial units declining 8% and 4%, respectively.
By geography, HP posted revenue growth in all regions. On a constant currency basis, the Americas rose 0.2%, EMEA was up 6.1%, and Asia Pacific & Japan grew 17.9% year over year.
HPQ posted a non-GAAP operating margin of 7.5%, up 20 basis points year over year.
Balance Sheet and Cash FlowHP ended the fiscal second quarter with $3.7 billion in cash, cash equivalents and restricted cash, up from the previous quarter’s $3.15 billion.
During the quarter, HP generated $926 million of cash from operating activities and delivered $780 billion in free cash flow. During the quarter, the company returned $374 million to shareholders through dividends and share repurchases.
HPQ’s Guidance for Q3 and FY26For fiscal 2026, HPQ expects its non-GAAP earnings to be in the range of $2.90-$3.10 per share compared with the prior range of $2.90 to $3.20.
For the third quarter of fiscal 2026, HPQ expects non-GAAP earnings in the range of 61-71 cents per share.
How Have Estimates Been Moving Since Then?It turns out, estimates review have trended upward during the past month.
VGM ScoresAt this time, HP has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. However, the stock was allocated a score of A on the value side, putting it in the top 20% for value investors.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, HP has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
HPQ signed an LOI with LN Innov' and Novacium SAS to evaluate a Canadian-based platform integrating advanced batteries, electric motors and propulsion systems for North American drone and defense markets. HPQ has direct exposure to the proposed platform through their 36.8% equity interest in Novacium SAS and exclusive North American commercialization rights. More than 20 customers have tested LN Innov electric propulsion systems, and more than a dozen have subsequently placed commercial orders. LN Innov is presently scaling up its manufacturing capacity to reach up to 20,000 drone motors per month in France by the end of Q3 2026. Novacium's advanced battery technologies are currently being evaluated by French drone manufacturers introduced through LN Innov for potential integration into future drone platforms. , /PRNewswire/ - HPQ Silicon Inc. ("HPQ" or the "Company") (TSXV: HPQ) (OTCQB: HPQFF) (FRA: O08), a technology company specializing in advanced materials innovation and next-generation industrial processes, today announced that it signed a Letter of Intent ("LOI") with LN Innov' ("LN Innov"), a French developer and manufacturer of high-performance electric propulsion systems, and Novacium SAS ("Novacium") on June 16 2026, during the 2026 edition of the Eurosatory exhibition in Paris, France.
HPQ holds a 36.8% equity interest in Novacium and exclusive North American commercialization rights to its technologies.
"As drones become increasingly critical across commercial, industrial and defense applications, governments and industry are recognizing that batteries and electric propulsion systems have become strategic technologies," said Bernard Tourillon, President and CEO of HPQ Silicon. "Today, much of that supply chain remains concentrated in Asia, creating vulnerabilities that many jurisdictions are actively working to reduce. Through our partnership with Novacium and this new collaboration with LN Innov, we have an opportunity to evaluate the adaptation of an industrial model currently being deployed in Europe for North American markets, combining advanced battery technologies with proven electric propulsion expertise. For HPQ, this represents another step in our broader strategy of identifying innovative technologies with demonstrated market potential and positioning the Company to assess potential commercialization opportunities across North America."
Scope of the LOI
The LOI establishes a framework for HPQ, Novacium and LN Innov to evaluate, over the next 190 days, the feasibility of establishing a Canadian-based platform integrating Novacium's battery technologies, to be sold under the HPQ ENDURA+ brand and LN Innov's electric propulsion systems for drone, robotics and defense markets across North America.
The parties have already completed preliminary technical reviews that supported the decision to enter into this LOI. The evaluation contemplated under the LOI will focus primarily on industrialization, manufacturing, supply-chain requirements, certification pathways, target applications, business structure and potential commercialization strategies for North American markets.
The LOI is non-binding, does not grant exclusivity and does not include financial commitments, payment obligations or minimum purchase requirements. Any future collaboration would remain subject to further evaluation and the negotiation of definitive agreements.
Any future collaboration would remain subject to further evaluation and the negotiation of definitive agreements.
There can be no assurance that the evaluation activities contemplated by the LOI will result in the execution of a definitive agreement or any commercial arrangement between the parties.
LN Innov' Sovereign High-Performance Electric Propulsion Platform
Electric motors are at the heart of every autonomous platform, directly influencing performance, efficiency and thrust-to-weight ratio. LN Innov' develops and manufactures high-performance propulsion systems for a broad range of applications, including FPV drones, interception systems, surveillance platforms and payload-delivery drones.
More than 20 customers operating in the drone, robotics and defense sectors have tested LN Innov's electric motors under operating conditions, and more than a dozen customers have subsequently placed commercial orders.
These activities support LN Innov's ongoing efforts to expand its production capacity in France, with the objective of scaling its manufacturing capability to up to 20,000 drone motors per month by the end of Q3 2026. The parties intend to evaluate whether elements of this industrial model could be adapted for North American markets.
"We are still at the beginning of this adventure, but the market signals are encouraging," said Nathalie Mazeau, President of LN Innov'. "Having more than 20 customers test our motors and seeing more than a dozen subsequently place orders provides valuable feedback regarding the performance of our technology. This Letter of Intent creates an opportunity to explore how our industrial and technological expertise, combined with Novacium's advanced battery technologies and HPQ's North American presence, could contribute to the development of an electric propulsion ecosystem in North America."
As drone adoption continues to expand across commercial, industrial and defense applications, operators seek battery solutions that balance energy density, reliability, safety and manufacturability.
Novacium is developing silicon-enhanced battery technologies intended for drone and autonomous-system applications. As part of its ongoing development activities, Novacium has produced battery configurations designed to meet operating requirements commonly used in current drone platforms, including systems delivering approximately 15 Ah capacity, 21.3 V nominal voltage and energy densities near 205 Wh/kg.
Novacium's advanced silicon-enhanced battery technologies are being developed to meet these requirements while providing a pathway toward future higher-energy-density solutions.
Novacium's battery technologies are currently being evaluated by industrial and defense-sector participants to assess their suitability for integration into future drone and autonomous-system platforms.
The proposed collaboration with LN Innov provides an opportunity to evaluate the integration of Novacium's advanced battery technologies, marketed under the HPQ ENDURA+ brand, into complete electric propulsion systems for drone, robotics and autonomous-system applications in North America.
"One of the most important developments in our battery program is that manufacturers are evaluating our technologies against defined operational requirements," said Jed Kraiem, COO of Novacium. "The collaboration with LN Innov creates an opportunity to assess how advanced battery technologies and high-performance electric propulsion systems can be combined into integrated solutions for drone, robotics and autonomous-system applications."
About HPQ Silicon
HPQ Silicon Inc. is a Quebec-based TSX Venture Exchange industrial issuer (TSX-V: HPQ) focused on innovation in advanced materials and critical process development. In partnership with its research and development partner Novacium—of which HPQ is a shareholder—the Company is advancing next-generation silicon-based anode materials (Gen3 and Gen4) for batteries, commercializing its ENDURA+ lithium-ion cells, and developing breakthrough clean-hydrogen and waste-to-energy technologies, for which HPQ holds exclusive North American rights.
HPQ is also pursuing proprietary technologies to become a low-cost, zero-CO₂ producer of fumed silica with technical support from PyroGenesis Inc. Together, these initiatives position HPQ to capture growth opportunities in the energy storage, clean hydrogen, and advanced materials markets essential to achieving global net-zero goals.
For more information, please visit HPQ Silicon web site.
About NOVACIUM SAS
Novacium is an innovative technology start-up created in 2022, in France. It is an engineering and R&D company dedicated to materials for energy, with a specialization in silicon and hydrogen. Novacium is developing 2 technologies. The first concerns a new silicon-based anode material that significantly increases the capacity of Li-ion batteries. Novacium's second activity is the generation of hydrogen. Novacium is developing an autonomous hydrogen generation system for civil and military applications fueled by a patented alloy based on silicon and aluminum.
About LN Innov'
LN Innov' is a French technology company specialized in high-performance electric propulsion systems for drones and unmanned platforms. The company develops next-generation motors and integrated propulsion solutions delivering industry-leading power-to-weight ratios, efficiency and reliability. Through its Groupe Moto-Propulseur strategy, LN Innov' is building a complete ecosystem integrating batteries, power electronics, motors and propulsion
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking statements. These statements rely on assumptions about technology performance, market demand, permits, financing, supply chains, and economic conditions but remain subject to significant risks, including delays, regulatory challenges, competition, pricing, financing availability, and macroeconomic uncertainties. Actual outcomes may differ materially from expectations. Detailed risk factors are outlined in HPQ's Annual Information Form available on SEDAR+. Forward-looking information is provided solely to outline management's future expectations and objectives.
A more detailed cautionary note regarding forward-looking information related to the HPQ Endura+ batteries project is available for download [here].
Further information regarding the Company is available in the SEDAR+ database (www.sedarplus.ca), and on the Company's website at: http://www.hpqsilicon.com/
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This News Release is available on the company's CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
HP Inc. HPQ delivered a stronger-than-expected fiscal second quarter, but the bigger investor story is what comes next. The company guided current-quarter adjusted profit to 61 cents to 71 cents a share, with the 66-cent midpoint above the average estimate but still below some projections that reached 73 cents. That gap matters because HP is still navigating a sharp rise in memory and storage costs, a pressure point that could keep squeezing margins even as demand for PCs improves.
HP reported adjusted profit of 86 cents a share on revenue of $14.4 billion, ahead of estimates for 71 cents a share on $14 billion in sales. Personal Systems revenue climbed 13% to $10.2 billion, driven by a 14% increase in business PC sales, while adjusted operating margin came in at 7.5%, above the 6.6% average estimate. The company also benefited from customers replacing equipment and investing in new systems tied to AI demand, though that same AI cycle has helped create a memory-chip shortage that is pushing input costs higher.
Interim CEO Bruce Broussard said memory and storage costs rose during the quarter and are expected to keep increasing in the second half of the year. HP has responded by raising prices, adding suppliers, and adjusting some products to use less memory, but the company still narrowed the top end of its full-year adjusted profit forecast to $3.10 from $3.20. Shares initially rose as much as 15% in extended trading before giving back nearly all of those gains, suggesting investors may be weighing strong near-term execution against the possibility that higher component costs and pulled-forward PC demand could pressure results later in the year.
Listen to the audio version of this article (generated by AI).
For 30 years, one architecture has ruled the Windows PC: x86.
Intel (INTC) built it. AMD (AMD) adopted it. Microsoft (MSFT) optimized for it, and the entire Windows software ecosystem was written around it. It became so entrenched that challenging it seemed almost pointless.
Apple (AAPL) proved it could be done. In 2020, Apple Silicon made the switch from x86 to Arm. MacBooks got faster, cooler, and longer-lasting.
But Apple only moved Apple. The Windows world remained locked in to x86.
Until yesterday, when Nvidia (NVDA) CEO Jensen Huang’s reveal at Computex 2026 blew up 30 years of PC orthodoxy…
What Is the Nvidia RTX Spark Superchip? Nvidia, the company that owns AI in the data center, has just announced its PC play: the RTX Spark Superchip — a processor designed to turn Windows into an agentic AI OS.
A few years ago, this kind of AI horsepower required a server room. The RTX Spark puts it in a laptop — 1 petaflop of AI compute, 6,144 CUDA cores, 128 GB of unified memory, all inside a thin chassis. Translation: your next laptop won’t just run AI apps. It will run AI.
The CPU and GPU are connected via NVLink C2C — an ultra-high-speed interconnect that Nvidia normally uses to link chips inside massive AI data center servers. It has essentially miniaturized data-center-grade chip communication and stuffed it into a laptop. Co-developed with Microsoft and MediaTek, this is as much a feat of engineering as it is a business strategy — Nvidia is binding its software ecosystem to every premium Windows device from day one.
Qualcomm (QCOM) has been trying to make Arm-based Windows chips work for years. The Snapdragon X Elite had competitive hardware. But competing with Nvidia on Arm isn’t just a hardware race — and that’s the problem we’ll come back to.
Nvidia’s first-ever PC processor will eventually power over 30 laptops and 10 compact desktops from Dell (DELL), HP (HPQ), Lenovo, Asus, MSI, and Microsoft’s own Surface line, with the first products arriving this fall.
The Real Weapon Isn’t the Chip — It’s CUDA The hardware is impressive. But the real story here is about CUDA: Nvidia’s proprietary software platform.
CUDA lets developers write code that runs on Nvidia GPUs. Over the past 15 years, virtually every major AI model, every AI framework, every serious GPU-accelerated application has been built on CUDA. It’s been the industry’s deepest software moat. And until now, it has lived entirely in the cloud and in high-end workstations.
RTX Spark is the first Windows laptop chip to run the full CUDA software stack natively. That means the entire ecosystem will now run on your laptop, right out of the box, no compromises.
This is why Qualcomm’s Snapdragon X Elite has struggled to gain real traction: good hardware, no software gravity. Nvidia brings 30 years of software ecosystem with it from day one.
The Agentic PC: Intelligence Moves From the Cloud to Your Device Nvidia is selling more than a faster chip. It’s selling a vision: one where the intelligence lives on your device, not in someone else’s data center.
Today, powerful AI requires the cloud — which means it requires trust. Trust that your documents and personal information are handled responsibly by servers you don’t own, running software you can’t inspect, operated by companies whose incentives don’t always align with yours.
RTX Spark changes the equation. With 128 GB of memory and 1 petaflop of AI compute, these machines run 120-billion-parameter models entirely on-device. No upload, subscription, or third-party server required. Nvidia and Microsoft are building OpenShell to turn Windows into a full agentic OS — persistent AI agents, running locally, working on your behalf around the clock.
Jensen Huang calls it an AI supercomputer for your home. Given what’s under the hood, that’s not hyperbole.
Winners and Losers: How to Position Around the RTX Spark Launch Great product. Better trade.
Nvidia is the obvious winner. RTX Spark opens an entirely new revenue stream — consumer PC silicon — layered on top of its already-dominant data center AI business. Jensen Huang has suggested the CPU market is exploding toward $200 billion. If Nvidia captures even a modest slice of the premium PC segment, that translates to tens of billions in incremental annual revenue over the next decade. The stock has already priced in AI dominance, but the market hasn’t fully priced in Nvidia as a full-stack, every-device, everywhere AI platform company. That repricing takes time — but it’s coming.
The cleanest, most underappreciated winner, however, is Arm Holdings (ARM). It collects a royalty on every single RTX Spark chip sold. The RTX Spark’s CPU cores are based on Arm architecture. And MediaTek — which co-designed the CPU — is itself a major Arm licensee. Arm bears zero execution risk, zero supply chain complexity, zero OEM relationship headaches. It just clips a coupon on every premium PC sold, in the highest-ASP segment of the market, as x86 displacement accelerates industry-wide. This is the purest expression of the trade. Apple Silicon proved Arm could beat x86 in laptops. Nvidia’s RTX Spark may prove it can dominate them.
Intel (INTC) faces the most acute long-term threat here. It’s being squeezed from above by Apple Silicon on the premium end and now Nvidia on the AI-performance end, while AMD attacks the middle. That said, Intel’s stock is currently trading on its data center AI turnaround thesis (Gaudi roadmap, foundry strategy), not on PC market share. RTX Spark is a real fundamental negative for Intel’s client computing business — but it’s not what moves the stock near-term. Similarly, AMD and Qualcomm face incremental PC headwinds, but their market narratives are tied to data center AI momentum, which RTX Spark doesn’t reach.
The Bottom Line: The PC Market Just Changed — and the Royalty Collector Wins The AI era is rewriting the rules of every market it touches.
Most investors are watching it happen in semiconductors, data centers, PCs, and robotics. They’re asking the same question in every category: who wins the AI race?
But there’s one market where that question hasn’t been asked yet — and it’s the largest market in the world.
Money itself.
The $480 trillion global financial system runs on infrastructure that hasn’t meaningfully changed in decades. The rails that move your paycheck, your Social Security payment, your tax bill — they were built for a different era. And for the first time in a generation, someone is rebuilding them from scratch.
I think it could be the most consequential infrastructure story of the decade.
Nvidia has emerged as the world's most valuable company by dominating the market for artificial intelligence chips in the data center. Now the company is expanding its prowess to chips that will serve as the main processor for personal computers, entering an arena that's long been ruled by Intel, Advanced Micro Devices, Qualcomm and Apple.
During a keynote address at Taiwan's Computex conference on Monday, Nvidia CEO Jensen Huang unveiled a new PC processor made alongside Microsoft. The RTX Spark superchip, which Huang also referred to as the N1X, debuts in the fall on a fresh line of Windows PCs from Microsoft, Dell, HP, ASUS, Lenovo and MSI.
"This reinvention of the computer is as big of a deal as the reinvention of the phone into what we now know as the smartphone," Huang said, pointing to the fact agentic AI will run across all the new computers.
"Microsoft and Nvidia are going to reinvent the PC," he added. "This is the first completely reengineered, reinvented line of PCs that has happened in 40 years."
Nvidia's initial plan is to release more than 30 laptops and 10 desktops with the new chip over time, an Nvidia spokesperson said.
The debut PC processor is made up of two flagship types of Nvidia chips fused together, plus 128 gigabytes of unified memory. It pairs one of Nvidia's Blackwell graphics processing units with a new Arm-based custom Grace central processing unit. The RTX Spark was designed with help from Taiwanese firm MediaTek.
The RTX Spark represents a potentially major shake-up for the PC industry, which is already experiencing significant shifts driven by the AI boom. Arm-based processors like Nvidia's are gaining ground over the traditional x86 processors championed by Intel and AMD, while the overall market for CPUs is exploding into what Huang says will be a $200 billion industry.
This reinvention of the computer is as big of a deal as the reinvention of the phone into what we now know as the smartphone.
Jensen Huang
Nvidia CEO
Nvidia told CNBC in February that CPUs were "becoming the bottleneck" amid surging agentic AI workflows. The next month, Nvidia unveiled an entire rack filled with its Vera CPUs for data centers. While training large models requires mass amounts of parallel math — excellent work for a GPU — accessing that data and pushing it out to multiple agents requires more general compute offered by a CPU.
Nvidia's new PC processor will be made using Taiwan Semiconductor Manufacturing Co.'s 3-nanometer technology, currently only available in Taiwan.
Anticipation around Nvidia's Arm-based PC chip has been building for years. Reuters reported that the company was working on the PC chip in 2023, as part of a push by Microsoft to get companies to make Arm-based processors for its computers. An Nvidia spokesperson said that it's been working on the chip with Microsoft for "many, many years," adding that it will be "far, far more capable, higher performance, more efficiency" than traditional x86 processors.
Intel is the original pioneer of the x86 instruction set, debuting it in the 1970s. Intel unveiled its new Xeon 6+ data center CPUs at Computex in Taiwan on Monday.
Of late, a flurry of companies have been switching to Arm's alternative power-efficient architecture, which first went mainstream on the original iPhone in 2007.
Now Apple makes Arm-based processors for its own computers, launching a pricier line of MacBooks with its latest M5 chips in March. Arm also unveiled its first in-house CPU that same month, and AMD is also reportedly working toward an Arm-based PC chip.
The first laptops powered by Nvidia's new chip will be as thin as 14 millimeters, or about a half an inch, carrying a premium price tag, and will also debut in some small desktop models. While RTX Spark will eventually expand to different price points, Nvidia said it's currently targeted toward creators, AI developers and gamers, "looking for very thin and light laptops, slim laptops, portable laptops, or compact desktops."
Nvidia said it will release more performance metrics closer to when the chip hits the market in the fall. For now, RTX Spark is "roughly equivalent" to Nvidia's leading RTX 5070 laptop GPU, according to its spokesperson.
Huang also announced at Computex on Monday that Nvidia's Vera CPU for data centers is now in full production. Huang said Nvidia is making millions of the CPUs for "a market that never existed before." Vera will be available starting in the fall. Early customers include Anthropic, OpenAI, SpaceX's xAI, Dell, Oracle and CoreWeave.
"This is going to be our new major growth driver," Huang said. "These CPUs are going to be both performant, but they also have to be extremely energy efficient, so that we can cram as much CPU as we can into the factory without taking away power from the token generation."
"Fast CPUs have become essential to keeping the AI factory moving," said Ian Buck, Nvidia's vice president of hyperscale and high-performance computing.
Buck said that Vera can produce tokens 1.8 times faster than x86 today, "advancing overall agent token performance, enabling smarter, longer-thinking agents and in the end, generating more data center token revenue."
watch now
Correction: This story has been updated to correct that the N1X and RTX Superchip refer to the same processor, and that the new processor is built with a Grace CPU. A previous version of this story incorrectly framed those elements.
TAIPEI, Taiwan, June 01, 2026 (GLOBE NEWSWIRE) -- Today, HP Inc. (NYSE: HPQ) announced its latest devices and solutions, designed to enable developers of all types to create new experiences using AI.
HP is previewing PCs powered by NVIDIA RTX Spark™, bringing a reinvention of personal computing, combining personal agents, advanced content creation, and high-performance gaming in a new platform engineered from the ground up for the next wave of Windows PC experiences.
“Developers are moving from experimenting with AI to shipping agentic applications, and they need PCs that are as open, fast, and flexible as their workflows,” said Samuel Chang, Senior Vice President and Division President, Consumer Personal Systems at HP Inc. “Our expanded portfolio pairs compact, powerful hardware with pre-configured environments and open-source toolchains to eliminate setup friction and accelerate the path from idea to execution. Whether it is a device optimized for hybrid Windows workflows, creators, gamers, or AI practitioners or powerful workstations for edge development, we’re giving builders a clear, practical path to run local agents and scale hybrid AI with confidence.”
“Over 70% of enterprise PCs run Windows, and our customers have asked for AI supercomputing power that can seamlessly integrate into their existing environments,” said Jim Nottingham, Senior Vice President and Division President, Advanced Compute and Solutions, HP Inc. “We plan to add support for Windows in the HP ZGX Fury GB300 and remain committed to expanding our portfolio to meet evolving customer needs through strong collaboration with our partners.”
New solutions include:
The latest notebooks and desktops powered by NVIDIA’s RTX Spark platform. RTX Spark is designed for creators, gamers, and AI developers, bringing NVIDIA’s full-stack AI platform and suite of RTX technologies to slim laptops with all-day battery life. Beginning later this year, HP will bring RTX Spark to its HP OmniBook Ultra 16 and HP OmniBook X 14 laptops, and will be the world’s thinnest RTX Spark, built for powerful performance.iThe company is also planning to expand its RTX Spark offerings with a compact desktop, bringing new choice to creators, AI enthusiasts, and developers. Ultimate deskside AI supercomputer with NVIDIA GB300. HP deskside and rackable high-performance compute powered by the NVIDIA GB300 Grace Blackwell Ultra Desktop Superchip will be coming to Windows later this year, empowering enterprise teams to build, run, and connect always-on, frontier AI agents to Windows applications and workflows.ZGX Nano for regulated environments, for secure, local AI processing. A new HP ZGX Nano configuration combines tightly integrated hardware and software to minimize attack surfaces by physically restricting wireless access and external interfaces. Built on Zero Trust principles, the HP ZGX Nano enables the deployment of secure and reliable AI in classified and remote environments, setting a new benchmark for AI development in the most demanding real-world conditions. Intelligent Edge Platforms Powering AI Innovation
HP is also unveiling a new class of developer PCs for the agentic AI era: systems designed not just to use AI, but to help developers build it. The company’s portfolio now ranges from IT-managed, high-performance workstations to self-managed, off-the-shelf devices available at retail. These PCs are designed to support practical AI development and creation across Windows and Linux, with systems tuned for local agents, hybrid AI workflows, open-source tooling, and fast setup.
By pairing compact, powerful hardware with pre-packaged developer environments, command-line workflows, OpenClaw-based starter kits, and support for agent frameworks such as Hermes, HP will make it easier for developers to move from idea to working agent without stitching the stack together from scratch.
Full-sized PC performance in a compact design. The new HP OmniDesk Mini Desktop PC is the world’s first Mini AI PC with Thunderbolt™ Share.ii Powered by Intel® Core™ Ultra Series 3 processors and built-in AI capabilities, it replaces bulky towers with a sleek footprint and enables seamless workflows with support for controlling two PCs with a single keyboard and mouse, plus fast file transfers between projects. Build the ideal desk setup that allows you to do your best work with versatile ports, including two Thunderbolt™ 4 connections,iii and support up to four 4K displays.ivWorkstation capabilities, off-the-shelf and ready to perform out of the box. HP is also expanding its advanced compute offering by bringing the latest AMD Ryzen™ AI PRO 400 series processors to the HP Z2 Mini G1a and integrating the validated AMD Ryzen™ AI Halo developer software stack, featuring the Ryzen™ AI Developer Center, AMD ROCm™, pre-installed AI frameworks, models and guided playbooks, so developers can start building and running advanced AI workloads instantly. Expected to be available in select retail channels later this year, this powerful workstation will provide everyday developers with powerful, accessible tools. This partnership underscores HP’s commitment to delivering advanced AI capabilities and workstation-class performance, empowering developers to accelerate their workflows with innovative, flexible systems. Pricing and Availabilityv
The HP OmniBook Ultra 16 and HP OmniBook X 14 powered by RTX Spark are expected to be available later this year. Additional device details and pricing will be shared closer to availability.The HP OmniDesk Mini Desktop PC with Intel Core Ultra is expected to be available in August 2026. Pricing will be shared closer to availability. About HP
HP Inc. (NYSE:HPQ) is a global technology leader redefining the Future of Work. Operating in more than 180 countries, HP delivers innovative and AI-powered devices, software, services and subscriptions that drive business growth and professional fulfillment. For more information, please visit: HP.com.
i Based on publicly available information and HP’s internal analysis of 14-inch and 16-inch display consumer notebooks from major manufacturers with Windows on Arm and a thermal design power of greater than 45W as of June 2026. Slimness is determined by the notebook’s rear height of 15.73 millimeters on HP OmniBook Ultra 16 inch Laptop Next Gen AI PC and 13.53mm on HP OmniBook X 14 inch Laptop Next Gen AI PC. Rear height measurement is near the back edge where the chassis bottom cover taper ends, excluding transition area to rubber feet and hinge cap.
ii HP internal analysis based on all mini PCs in the market as of May 2026. Mini PCs are defined herein as desktop PCs with a volume of less than 5 liters. Thunderbolt™ Share enables connection, control, and file transfer between two PCs using a single Thunderbolt™ cable. Both PCs must run Windows 11 or later, feature Thunderbolt™ 4 or Thunderbolt™ 5 ports, and have the Thunderbolt™ Share application installed. A valid Thunderbolt™ Share license is required on at least one device.
iii Actual throughput may vary. USB Type-C® and USB-C® are trademarks of USB Implementers Forum.
iv External displays, cables, and adapters required for multi-display support are sold separately.
v Pricing and availability subject to change without notice.
Global rail systems leader introduces internally developed traction inverter/converter and control software for propulsion; Eyes North American locomotive hybrid and retrofit markets.
OMAHA, Neb.--(BUSINESS WIRE)--Hirect, a premier global manufacturer of heavy-duty electrical and power electronic components for rolling stock, today announced the successful integration and first loaded test run of its 6,000 HP electric locomotive propulsion system. The entirely internally designed and manufactured system includes the traction inverter/converter controller and software, and interfaces with cab controls and displays. The new propulsion system, mounted in a WAG-9 locomotive, successfully hauled a loaded freight train.
Hirect, which dominates the Indian market for highly ruggedized, underslung traction transformers, and commands a major share of the Indian market for traction motors, auxiliary converters, hotel load converters, and rolling-stock HVAC, designed the new propulsion system to address the severe duty cycles and demanding Indian thermal operating environment. The system incorporates Hirect’s custom liquid-cooled insulated-gate bipolar transistor (IGBT) traction converters and internally developed control software.
The platform’s seamless integration and operation represents a profound turning point for new, retrofit and hybrid locomotive engineering. Hirect is debuting this complete, modular subsystem capability to the North American market at the Railway Interchange 2026 exposition in Omaha, June 2nd-4th.
"Achieving a flawless dynamic operation and pulling a fully loaded freight train utilizing our own proprietary propulsion system represents a major milestone," said Suramya Nevatia, Chairman of Hirect. "We anticipate that this system, and custom modifications of it, will add value and flexibility to North American retrofitters and innovators designing the next generation of alternative-energy, hybrid, and fuel-efficient diesel-to-electric locomotive platforms."
Delegates, rolling stock builders, and powertrain development engineers attending the Railway Interchange 2026 show in Omaha are invited to meet with Hirect technical specialists to explore how its components, subsystems, and propulsion technology can accelerate fuel-efficient hybrid and decarbonized heavy rail programs.
ABOUT HIND RECTIFIERS LIMITED (HIRECT)
Established in 1958 in collaboration with Westinghouse Brake & Signal (UK), Hind Rectifiers Limited (NSE: HIRECT) is a pioneer and market leader in the design, development, and manufacturing of high-end power semiconductors, power electronics, and traction propulsion aggregates for the railway transportation and heavy industrial sectors. Headquartered in Mumbai, India, with world-class, ISO-certified manufacturing facilities, Hirect designs and manufactures fully integrated power conversion systems, traction transformers, auxiliary converters, and propulsion subsystems that power heavy freight and high-speed passenger rail networks globally.
Stocks futures are slightly higher to kick off the week as announcements from AI chipmaker Nvidia spark big moves in a number of tech sector shares; Nvidia stock gaining after CEO Jensen Huang delivered a keynote address at a conference in Taiwan; Huang unveiled a new line of AI agent-focused laptops Nvidia is building in partnership with a group of companies, news that sent IBM soaring and Intel sliding; Berkshire Hathaway is acquiring Taylor Morrison Home Corp. in the firm's first big acquisition under CEO Greg Abel; investors are preparing for a busy week of earnings reports and economic data. Here's what you need to know today.
Anthropic, the AI company behind chatbot Claude, has confidentially filed an S-1 with the SEC, setting the stage for what could be one of the most closely watched IPOs in recent memory. As LLM companies jockey for position, the filing puts Anthropic ahead of rival OpenAI, which is reportedly preparing its own confidential submission. For investors looking to gain direct exposure to the frontier AI buildout, the opportunity has arrived, though the timing of Anthropic’s IPO remains unclear.
Jun 1, 2026 at 11:09 AM EDT
On the macro economic front, the ISM Manufacturing PMI came in at 54.0 for May, beating estimates and delivering its strongest showing since 2022. Factory activity has been growing for the past five straight months. New Orders were a bright spot, printing at 56.8 against expectations of 54.8, signaling healthy demand momentum heading into the summer. The Prices Paid component eased to 82.1 from an estimate of 85.0, a welcome development suggesting some softening in input cost pressures, though the reading remains elevated and will keep inflation watchers on alert.
Jun 1, 2026 at 9:49 AM EDT
Barry Diller is making a move to take MGM Resorts (NYSE:MGM | MGM Price Prediction) private, according to a report in the Wall Street Journal. Diller’s People Inc., formerly known as IAC, already holds a 26.1% stake in the casino giant and submitted a nonbinding proposal Monday to acquire the remainder at $48.30 a share in cash, placing the total enterprise value at $18 billion. Diller has previously made the case that MGM represents a business less vulnerable to technology disruption than most, and if the board accepts the offer, the Las Vegas-based casino operator would exit the public markets under People Inc.’s full control.
This article will be updated throughout the day, so check back often for more daily updates.
The Nasdaq Composite is kicking off June on a cautious note, with futures pointing modestly lower Monday morning. A fresh flare-up in Middle East tensions sent oil prices surging and offset what would otherwise be a straightforward tech-driven rally. Nasdaq-100 futures slipped 0.2%, S&P 500 futures dipped 0.1%, and Dow futures shed 17 points, or 0.03%, as traders weighed a complicated geopolitical backdrop against a market that closed May in record territory.
Oil is the session’s loudest variable, with WTI crude futures jumping 5% to around $91 a barrel and Brent climbing 4% to near $95, reversing course after the U.S. benchmark posted its steepest monthly decline since April 2025, tumbling nearly 17% in May. The catalyst is hard to ignore: Iranian state media reported the country’s negotiators are cutting off communications with the U.S. following Israeli attacks on Lebanon, while U.S. Central Command confirmed American forces intercepted two Iranian ballistic missiles overnight that were targeting U.S. troops in Kuwait.
Here’s a look at where things stand as of morning trading:
Dow Jones Industrial Average: 50,896 Down 0.27%
Nasdaq Composite: 27,016 Up 0.13%
S&P 500: 7,581 Up Up 0.05%
Market Movers Nvidia (NASDAQ:NVDA) is making its move into the consumer PC chip market with the launch of RTX Spark, an Arm-based CPU/GPU/AI chip designed for Windows laptops and mini-PCs. The flagship configuration packs 20 CPU cores, 6,144 GPU cores, and up to 128GB of unified LPDDR5X memory, targeting local AI agents, creators, developers, and gamers. The rollout already has significant industry backing, with more than 30 laptops and 10 desktops in development across a partner list that includes Microsoft, Dell, HP, Asus, Lenovo, MSI, Acer, and Gigabyte, signaling that Nvidia’s ambitions well beyond the data center are very much underway.
Michael Saylor’s Strategy (Nasdaq: MSTR) unloaded 32 Bitcoin’s last week, generating proceeds of $2.5 million.
Honeywell’s (NASDAQ: HON) quantum computing unit Quantinuum is aiming higher ahead of its public debut, seeking up to $1.46 billion in its upcoming IPO, a significant step up from the prior $1.05 billion target. The upsized raise signals growing investor appetite for quantum computing exposure as the sector attracts increasing attention from both institutional money and the broader market.
CoreWeave (NASDAQ:CRWV) has become the first AI cloud provider to successfully bring up and validate Nvidia’s Vera Rubin NVL72 on its platform, a milestone that puts the company at the front of the line for one of Nvidia’s most advanced AI systems.
Dell Technologies (NYSE:DELL) is up more than 1% and HP (NYSE:HPQ) is gaining around 4% in the company’s wake. Intel (NASDAQ:INTC), which has long held dominance in the PC chip market, is on the other side of the trade, falling more than 6% as Nvidia’s entrance into its territory sharpens the competitive threat.
Have you evaluated the performance of HP's (HPQ - Free Report) international operations for the quarter ending April 2026? Given the extensive global presence of this personal computer and printer maker, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.
In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importance on grasping the extent of a company's dependence on international markets, as it sheds light on the firm's earnings stability, its skill in leveraging various economic cycles and its broad growth potential.
International market involvement serves as insurance against economic downturns at home and enables engagement with economies that are growing more quickly. Still, this move toward diversification is not without its challenges, as it involves navigating through the fluctuations of currencies, geopolitical threats, and the distinctive nature of various markets.
While analyzing HPQ's performance for the last quarter, we found some intriguing trends in revenues from its overseas segments that Wall Street analysts commonly model and monitor.
The company's total revenue for the quarter amounted to $14.41 billion, marking an increase of 9% from the year-ago quarter. We will next turn our attention to dissecting HPQ's international revenue to get a clearer picture of how significant its operations are outside its main base.
Exploring HPQ's International Revenue PatternsOf the total revenue, $3.58 billion came from Asia-Pacific and Japan during the last fiscal quarter, accounting for 24.9%. This represented a surprise of +3.21% as analysts had expected the region to contribute $3.47 billion to the total revenue. In comparison, the region contributed $3.64 billion, or 25.2%, and $3.03 billion, or 23%, to total revenue in the previous and year-ago quarters, respectively.
Europe, Middle East and Africa generated $4.97 billion in revenues for the company in the last quarter, constituting 34.5% of the total. This represented a surprise of +3.3% compared to the $4.81 billion projected by Wall Street analysts. Comparatively, in the previous quarter, Europe, Middle East and Africa accounted for $5.23 billion (36.2%), and in the year-ago quarter, it contributed $4.39 billion (33.2%) to the total revenue.
International Revenue PredictionsWall Street analysts expect HP to report a total revenue of $14.07 billion in the current fiscal quarter, which suggests an increase of 1% from the prior-year quarter. Revenue shares from Asia-Pacific and Japan and Europe, Middle East and Africa are predicted to be 24.5%, and 34.1%, corresponding to amounts of $3.45 billion, and $4.79 billion, respectively.
Analysts expect the company to report a total annual revenue of $56.76 billion for the full year, marking an increase of 2.6% compared to last year. The expected revenue contributions from Asia-Pacific and Japan and Europe, Middle East and Africa are projected to be 24.6% ($13.96 billion), and 34.1% ($19.36 billion) of the total revenue, in that order.
Key TakeawaysHP's leaning on foreign markets for its revenue stream presents a mix of chances and challenges. Therefore, a vigilant watch on its international revenue movements can greatly aid in projecting the company's future direction.
With the increasing intricacies of global interdependence and geopolitical strife, Wall Street analysts meticulously observe these patterns, especially for companies with an international footprint, to tweak their forecasts of earnings. Importantly, several additional factors, such as a company's domestic market status, also impact these earnings forecasts.
At Zacks, a company's changing earnings outlook is given considerable attention due to its proven, strong influence on a stock's price performance in the near term. The connection here is straightforward and positive: when earnings estimates are revised upward, the stock price generally follows suit, increasing as well.
With an impressive externally audited track record, our proprietary stock rating tool - the Zacks Rank - harnesses the power of earnings estimate revisions and serves as an effective indicator of a stock's near-term price performance.
HP currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
A Review of HP's Recent Stock Market PerformanceThe stock has witnessed an increase of 29.8% over the past month versus the Zacks S&P 500 composite's an increase of 6.3%. In the same interval, the Zacks Computer and Technology sector, to which HP belongs, has registered an increase of 12.4%. Over the past three months, the company's shares saw an increase of 39%, while the S&P 500 increased by 10.5%. In comparison, the sector experienced an increase of 24.3% during this timeframe.
Rising oil prices are overshadowing Nvidia (NVDA) chip buzz, with West Texas Intermediate (WTI) crude last seen up 7.7% at $94.12 amid heightened Middle East tensions. Iran has reportedly suspended peace talks with the U.S., while Tehran said it's completely shutting the Strait of Hormuz due to Israel's attacks on Lebanon. The Dow Jones Industrial Average (DJI) has reversed its early morning gains to drop triple digits, while the S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) sit modestly higher.
Continue reading for more on today's market, including:
Options traders target MSFT after Nvidia chip reveal. IBM extends surge after best week since 2001. Plus, HPQ and SPCE draw trader attention; Grail stock slips after trial results.
Call traders are targeting HP Inc (NYSE:HPQ) today, as Nvidia's new processor chip news gives the stock a boost. So far, 123,000 calls have crossed the tape compared to just 9,189 puts, with overall volume running at seven times the average daily amount. The June 35 call is the most popular by far, with new positions being sold to open there. At last glance, HPQ was up 8.4% at $29.32, nearing its September and October highs. Year to date, the equity is up 31.2%.
Fresh off its best month ever, Virgin Galactic Holdings Inc (NYSE:SPCE) is up 24.3% to trade at $7.68 today. The space stock has enjoyed tailwinds from excitement surrounding SpaceX's highly anticipated initial public offering (IPO) in June, while a new SEC filing revealed investor Rich Huang and RichRich Capital built a 5.26% stake in SPCE, drawing plenty of retail trader attention. Year to date, the equity is up 124%.
One of the worst performers this afternoon, Grail Inc (NASDAQ:GRAL) was last seen down 19.4% at $57.78, after the biotech name's Galleri blood test missed its primary endpoint goal, though it showed it can cut stage 4 diagnoses. The stock was trading as high as $118 before its late-February bear gap, down 31.9% year to date.
Nvidia opened Taipei’s enormous Computex trade show on Sunday with a spark, literally. The chipmaker unveiled a new PC CPU called the RTX Spark, which it dubbed a “superchip,” and named a who’s who list of PC makers that will soon deliver AI PCs powered by it.
The super-fast, 1-petaflop chip is designed to run AI agents like OpenClaw or Hermes Agent securely, according to Nvidia. Such RTX Spark Windows PCs will be available this fall from ASUS, Dell, HP, Lenovo, Microsoft Surface, and MSI, with models from Acer and Gigabyte to follow.
In addition to being equipped with secure sandboxes (jointly developed with Microsoft) to run agents securely, the PCs will also have enough CPU, GPU, RAM, and underlying Nvidia CUDA software to run local versions of large language models.
Nvidia said that its RTX technology will deliver faster performance for AI, better image quality, and support for AI features in more than 1,000 games and applications.
The chipmaker is marketing this as an alternative for creators making AI content, as well as providing a significant upgrade to its traditional market of gamers. Nvidia said more than 100 Windows software makers have signed on to support the new chip, including Adobe, Blender, ComfyUI, Riot Games, and Xbox.
But Nvidia founder and CEO Jensen Huang’s vision for these new PCs is far larger. He wants to end the days of launching apps, pointing, clicking, and typing.
“With RTX Spark and Microsoft Windows, you ask — and the PC does the work,” he said in the press release. “Frontier models. Creative workflows. RTX games. All on a laptop.”
Last month, after delivering another record quarter, Huang promised investors he had found a new $200 billion market for Nvidia in selling CPUs for AI, not just GPUs. He made specific mention of the high-end server CPU released earlier this year called Vera — of which Nvidia says it has already sold $20 billion worth.
He also hinted at his bigger ambitions. “We’ll have billions of agents, and those billions of agents will all use tools. And those tools are going to be like PCs, just like us humans using PCs today,” he said on the earnings call in May. “We’re going to need a lot more CPUs.”
Nvidia ARM-based Windows devices have been tried before — and failed. Back in 2013, Microsoft famously had to write off $900 million on its Nvidia ARM-based Surface RT, with partners like Dell also bailing on the product.
But at this point, after delivering record after record of quarterly revenue, it’s hard to bet against Huang as he pursues his PC dreams once again.
And this chip is an entirely different beast. It’s more powerful, not less. Microsoft is positioning its own RTX Spark PC as so mighty that it named it the Surface Laptop Ultra, and is calling it “the most powerful Surface Laptop ever built.”
Still, PC manufacturers have not released a lot of specifics about each of their offerings, including pricing. These systems appear to be full-fledged Windows versions of the DGX Spark mini-computer that Nvidia already sells to developers for about $4,800.
We’ll have to wait and see if these PCs will compete on price with the affordable Mac Mini that has become a popular choice for running OpenClaw. Or perhaps they will sit at the high end of the PC market, like Nvidia’s own agent-running mini computer.
Either way, if Nvidia has cracked the code on bringing AI agents easily, safely, and usefully to the masses, it could — and should — be big.
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The Structural Shift In PCsNvidia’s aggressive entry into consumer hardware aims to fundamentally reshape the personal computer ecosystem by running advanced AI agents locally.
HPQ has already confirmed a robust rollout of upcoming laptop and desktop models utilizing the new architecture. This secular shift toward Windows on Arm has injected heavy optimism into the market, triggering a swift upward adjustment in Benzinga's proprietary technical rankings.
Apart from momentum, HPQ boasts of a positive price trend in the short, medium, and long terms as per the Benzinga Edge Stock Rankings, along with a poor growth score.
Goldman Sachs Signals CautionHowever, despite the heavy retail tailwinds and a recent earnings beat of $0.86 per share, Wall Street institutional analysts remain deeply skeptical. Goldman Sachs reiterated a Sell rating on the stock, maintaining a $19.00 price target that implies a steep 35.24% downside from Monday’s close.
Goldman’s bearish outlook focuses on near-term operational headwinds rather than long-term AI hype. The firm noted that HPQ’s Personal Systems margins are guided to drop below their 5–7% long-term range in the second half of the year, bottoming out in the fourth quarter.
Furthermore, rising resin and plastic input costs, alongside constrained DRAM/NAND supply chains, threaten to squeeze profitability. Goldman warns that aggressive industry competition may ultimately offset HPQ’s strategic pricing efforts through 2027.
HPQ Stock Tumbles In 2026HPQ shares have risen 31.69% YTD and 20.30% in the six months. Meanwhile, the S&P 500 index was up 10.81% YTD.
Over the last year, HPQ has gained 17.83%, and it has traded in a 52-week range of $17.56 to $29.55. The stock was higher by 0.99% in premarket on Tuesday.
Image via Shutterstock
Market News and Data brought to you by Benzinga APIs
Key Takeaways Breakdown in Iran-U.S. talks sent oil prices soaring on Monday, boosting energy ETFs like BNO. Rising crude may fuel inflation, favoring commodity, income and dollar-focused ETFs. Despite geopolitical tensions, AI-driven growth keeps semiconductor ETFs like SMH attractive. There were reports on Monday that Iran suspended communications with U.S. negotiators amid Israel’s ongoing military campaign in Lebanon, raising doubts about a potential ceasefire agreement that President Trump had suggested was nearing completion. President Donald Trump told CNBC, “I don’t care” if peace negotiations with Iran are over, as quoted on CNBC.
However, shortly after, he posted on social media that negotiations with Iran were still underway and told ABC News he expected an agreement within the next week that would extend the ceasefire and lead to the reopening of the Strait of Hormuz, as quoted on The Hindu.
Against this backdrop, the following ETF strategies could help investors navigate the tough geopolitical scenario, especially if ceasefire talks take longer than expected to materialize.
Bet on Oil Brent crude jumped as much as 7.1% to above $97.50 per barrel on June 1, 2026, while WTI crude gained up to 8.3% to trade above $94.50, at the time of writing. The rally followed reports from Iran’s state-run Tasnim news agency, indicating a breakdown in negotiations, with Tehran linking any ceasefire or diplomatic progress to an end to fighting in Lebanon, where Israel continues operations against Hezbollah, an Iran-backed militant group, as quoted on Yahoo Finance. United States Brent Oil Fund LP (BNO - Free Report) added about 3.8% on June 1, 2026.
Inflation to Shoot Up: Bet on Commodities With oil prices soaring, inflation is likely to shoot up. Commodities are often known as inflation-beating products. Invesco DB Commodity Index Tracking Fund (DBC - Free Report) can thus prove to be a great bet currently. The fund DBC is up 33.7% so far this year.
Rely on Solid Current IncomeHigh Inflation often results in higher bond yields. The Fed is also likely to act in a less-dovish or hawkish way if high inflation remains persistent. Against this backdrop, it is intriguing for investors to play high-income providing ETFs.
Global X SuperDividend ETF (SDIV - Free Report) is one such example. The fund yields as high as 9.08% annually and charges 58 bps in fees. Note that solid current income goes a long way in protecting the capital losses, if there are any. The fund is up 4% this year.
Greenback to Gain?Invesco DB US Dollar Index Bullish Fund (UUP - Free Report) is up 2.4% this year and has added about 1.2% over the past month. If the crisis persists, the U.S. dollar — apparently one of the safe-haven assets — is likely to stay strong.
War or No War: AI Is the Winning Theme War remains a cause of market uncertainty, particularly through its impact on oil prices, inflation and global growth. However, the AI boom continues to be backed by massive investments in data centers, semiconductors and enterprise adoption, making it a powerful structural growth theme. Hyperscalers are pivoting to an "AI-First" structure (read: Top Cloud ETFs to Buy as Hyperscalers Pivot to AI-First Platforms).
Most recently, NVIDIA (NVDA - Free Report) unveiled a PC superchip at its GTC Taipei event that rivals chips from Intel (INTC) and AMD (AMD), Yahoo Finance tech editor Dan Howley reported. The processor, which includes a Blackwell GPU and Grace CPU, will power laptops from manufacturers including ASUS, Dell (DELL), HP (HPQ), and Microsoft (MSFT) when it lands this fall.
NVIDIA has committed at least $6.5 billion over the past three months to companies developing photonics technology, highlighting the growing importance of energy-efficient AI infrastructure. Hence, NVDA-heavy ETFs like VanEck Semiconductor ETF (SMH - Free Report) should stay steady, even if Iran talks fall apart.
MONACO, June 04, 2026 (GLOBE NEWSWIRE) -- Today, HP Inc. (NYSE: HPQ) introduced the HP Limited Edition Scuderia Ferrari AI PC ahead of the prestigious Monaco Grand Prix. The exclusive device blends Ferrari’s legendary design and racing heritage with HP’s commitment to cutting-edge innovation and engineering.
Rooted in the histories of two iconic brands, this collaboration brings together the pioneering legacy of Bill Hewlett and Dave Packard’s Palo Alto garage and the daring automotive spirit of Maranello. Those origins gave rise to two global brands that revolutionized their industries and set new benchmarks for quality, performance, and design.
The HP Limited Edition Scuderia Ferrari PC reflects a shared commitment to excellence, innovation, and the relentless pursuit of pushing the boundaries of what is possible.
A Fusion of Heritage and Innovation
The HP Limited Edition Scuderia Ferrari is the result of nearly two years of symbiotic collaboration, merging Ferrari's bold design philosophy with HP's own design mastery and precision engineering. Ferrari Design Studio, accustomed to designing new masterpieces every year, teamed up with HP's industrial designers and engineers, who have spent decades perfecting the art of making powerful technology feel effortless and beautiful. The result is a device that embodies the essence of both brands' elegance, power, and craftsmanship.
“This notebook is a true reflection of how Ferrari and HP set a cutting-edge manufacturing technology, where advanced material engineering and craftsmanship converge into a unique, uncompromising expression of performance, precision, innovation and refined design,” said Flavio Manzoni, Chief Design Officer, Ferrari.
“We are excited to work with Ferrari to create a product that transcends traditional boundaries of PC design,” added Stacy Wolff, Senior Vice President of Design and Sustainability, HP Inc. “The HP Limited Edition Scuderia Ferrari is a testament to what can be achieved when two industry leaders combine their expertise—delivering an extraordinary user experience that is as capable as it is beautiful. This is HP at its best: built for your best work, in style.”
HP Limited Edition Scuderia Ferrari
A Celebration of Craftsmanship
From the moment the HP Limited Edition Scuderia Ferrari is unboxed, users are treated to an experience steeped in luxury and exclusivity. Custom packaging is designed to physically elevate the device towards the user, setting the stage for an extraordinary journey for those who lead with style, precision, and sophistication. Each unit is meticulously numbered and serialized, with only 4,999 units available, reflecting Ferrari’s philosophy to sell one less car than the market demands and reinforcing the device’s status as a true collector's item.
The HP Limited Edition Scuderia Ferrari is a masterclass in design and engineering, guided by a single principle: every element originates from a technical necessity. The result is a device where performance, technical clarity, and visual identity converge:
The bottom surface of the device marries carbon fiber and Corning® Gorilla® Glass construction—a nod to Ferrari's philosophy of functional transparency, turning the PC’s own architecture into a design statement much like a Ferrari engine bay.Functionality meets visual brilliance with a full glass palm rest and haptic touchpad boundary that illuminates on contact, where interaction is defined by precision and immediacy—a direct extension of Ferrari’s “eyes on the road, hands on the wheel” philosophy.The CNC precision-milled chassis features a zirconium bead-blasted surface in Rosso Magma, Ferrari’s iconic finish that evokes the primal energy of molten lava with metallic particles creating three-dimensional depth across every curve and line of the device.A CNC three-dimensional louvered vent design, developed using parametric design technology to precisely control geometry and spacing for optimized airflow and thermal performance, draws from a Ferrari signature born to manage heat and pressure—refined through decades of aerodynamic innovation into one of the brand’s most distinctive design elements: a form appearing in motion even at rest. Performance Meets Precision
As the future of work is increasingly defined by AI, HP and Ferrari recognized the need for a device that could handle intensive computing tasks without compromising on elegance and efficiency. The collaboration between HP and Ferrari delivers a product that excels in performance and style, featuring:
Stunning Visuals: Featuring a 3K Tandem OLED+ touch display, the HP Limited Edition Scuderia Ferrari delivers ultra-bright visuals for a cinematic viewing experience, including exclusive Ferrari wallpapers when powering on the device. The keyboard is equipped with LED backlighting for each individual key, allowing four customizable lighting animations and any color selection with RGB, creating a personalized user experience.Optimized Airflow: Over 2,000 calibrated micro-perforations in the technical glass surface are derived from fluid dynamics criteria, working in synergy with the fans to maximize air intake and cooling efficiency—ensuring the device remains cool under pressure without compromising on design aesthetics. The cooling system is intentionally left visible as a direct nod to Ferrari’s exposed engine bay design.Breakthrough Power: Engineered to handle everything from advanced AI applications to high-intensity gaming, this PC is equipped with an Intel® Core™ Ultra X7 processor 358H with Intel Arc B390 graphicsi ii that delivers up to 180 TOPS for fast, responsive performance.Exclusive Accessories: Accompanied by a Poltrona Frau leather sleeve, crafted from the same Italian leather used in Ferrari car interiors, the device is as stylish in transit as it is in use.Ultimate Protection: The HP Limited Edition Scuderia Ferrari demands uncompromising security. HP Wolf Security for Businessiii provides a hardware-enforced, resilient defense against cyber threats, ensuring the device is safeguarded at every level. Pricing and Availabilityiv
The HP Limited Edition Scuderia Ferrari AI PC will be available on HP.com in the United States on June 12, 2026, for $5,599 MSRP. It will also be available for purchase in the following countries: Australia, France, Germany, Italy, Japan, Spain, Switzerland, and the United Kingdom.
About HP
HP Inc. (NYSE:HPQ) is a global technology leader redefining the Future of Work. Operating in more than 180 countries, HP delivers innovative and AI-powered devices, software, services and subscriptions that drive business growth and professional fulfillment. For more information, please visit: HP.com.
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i Multicore is designed to improve performance of certain software products. Not all customers or software applications will necessarily benefit from use of this technology. Performance and clock frequency will vary depending on application workload and your hardware and software configurations. Intel’s numbering, branding and/or naming is not a measurement of higher performance.
ii Features and software that require an NPU may require software purchase, subscription or enablement by a software or platform provider, and third-party software may have specific configuration or compatibility requirements. Performance varies by use, configuration, and other factors.
iii HP Wolf Security for Business requires Windows 11 Pro and higher, includes various HP security features and is available on HP Pro, Elite, RPOS and Workstation products. See product details for included security features.
iv Pricing and availability subject to change without notice.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/688b4566-9661-4c64-9845-3e006caa9b85
Highlights HP Workforce Experience Platform (WXP) as a unified DEX platform, delivering visibility across multi-vendor devices and applications, with unique depth across PC, print and meeting room experiencesSignals a shift toward unified, cross-platform DEX platforms as enterprises look to manage growing IT complexity end-to-endReinforces the move from reactive IT support to proactive, AI-driven experience management focused on measurable business outcomes PALO ALTO, Calif., June 08, 2026 (GLOBE NEWSWIRE) -- Today, HP Inc. (NYSE: HPQ) announced it has been recognized as a Leader in the 2026 Gartner® Magic Quadrant™ for Digital Employee Experience Management Tools. The report evaluates vendors based on their completeness of vision and ability to execute in the evolving digital employee experience (DEX) market.
As organizations rethink business value creation in an increasingly volatile, distributed and high-stakes world, DEX has become synonymous with how work gets done. Providing employees with the tools, environments, and experiences that enable them to do their best work is now a strategic priority for CIOs and IT leaders.
With this transformation underway, HP has continued to advance its Workforce Experience Platform (WXP) to help organizations manage and improve digital employee experience at scale through data-driven insights, automation and proactive remediation.
“DEX is evolving. CIOs need a platform that can manage the full workforce experience, not just PC performance,” said Faisal Masud, Division President of Digital Services, HP Inc. “WXP is exactly that, delivering visibility and control across multi-vendor devices and applications with additional depth on HP devices. This recognition validates our role in defining what modern DEX should look like. We are proud to be a Leader in DEX as the category enters its next phase."
HP's Perspective on this Recognition
Gartner evaluates vendors in this market based on Ability to Execute and Completeness of Vision, a lens that assesses not only how well solutions meet enterprise needs today, but whether vendors can scale, evolve and deliver value as digital work becomes more complex. Being recognized as a Leader underscores HP’s ability to operate at global scale, execute consistently across large environments and invest for the long term in a rapidly evolving DEX market.
For IT leaders, this recognition for HP’s WXP matters because digital employee experience has evolved from a ‘nice to have’ to a strategic lever for delivering measurable improvements in workforce productivity, cost optimization and operational resilience. As collaboration platforms, hybrid work and device diversity continue to expand, a unified view across all employee technology touchpoints paired with employee experience insights gives IT the ability to anticipate, automate and accelerate IT tasks to prevent disruption to employee satisfaction, productivity or business results.
According to Gartner, WXP delivers that visibility through a SaaS-based platform hosted on Amazon Web Services, supporting Windows, macOS, Android, Linux and thin clients, while importing telemetry from iOS, iPadOS, ChromeOS, printers, collaboration technology and spaces, and IoT devices through integrations. Just as importantly, WXP brings experience data together across endpoints, applications, unified communications, virtualization environments and printers, enabling IT teams to move beyond siloed monitoring toward proactive, automated experience management.
What Sets HP Workforce Experience Platform Apart
WXP is designed to help IT leaders shift from traditional, reactive device management to a holistic workforce experience strategy, with unified visibility and control across employee computing, print and collaboration experiences. Key use cases include:
Cost Optimization: Gartner identified this as HP’s highest-scoring use case, citing deep hardware-level telemetry and Smart PC Refresh modeling to help extend device lifecycles and reduce costs. Unified Communications Experience: Broad, API-driven monitoring across major collaboration platforms for more reliable meeting and collaboration experiences. Print Integration: WXP uniquely brings together actionable insights on printer experience and performance in a single solution. Endpoint Experience: Unique hardware-level management for HP devices, including firmware and BIOS update technologies. Workflows and Automation: Proactive remediation engines and low-code workflow orchestration to detect and resolve device instability automatically. Industry Partnerships: Deep industry collaborations that facilitate strategic development of WXP capabilities in alignment with the latest employee experience technologies. HP delivered 12 major WXP updates in 2025, above the market average, reflecting a rapid pace of innovation as the platform continues to mature.
HP’s Perspective on the DEX Market
From HP’s point of view, the DEX market is evolving beyond reactive troubleshooting toward preventive, AI-assisted experience management. IT leaders are increasingly expected to deliver measurable outcomes: fewer disruptions, faster resolution times, lower costs and better employee satisfaction.
HP believes the future of DEX lies in combining:
Deep device and hardware intelligence Cross-platform experience visibility AI-driven, predictive insights into both technology performance and employee sentiment Automation that resolves issues before employees are impacted WXP was built with this vision in mind. Gartner’s recognition reinforces that direction.
Gartner, Magic Quadrant for Digital Employee Experience Management Tools, Dan Wilson, Stuart Downes, Robin Milton-Schonemann, June 8, 2026.
Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.
Gartner and Magic Quadrant are trademarks of Gartner, Inc., and/or its affiliates.
About HP
HP Inc. (NYSE:HPQ) is a global technology leader redefining the Future of Work. Operating in more than 180 countries, HP delivers innovative and AI-powered devices, software, services and subscriptions that drive business growth and professional fulfillment. For more information, please visit: HP.com.
Selected as the lead organization for a major government-backed initiative to accelerate commercialization of bio-based 3-HP through pilot-scale investments. Establishing an integrated R&D value chain spanning feedstock development, production, and downstream applications through collaboration across industry, academia, and research institutions. Advancing the transition from research-stage innovation to full-scale industrial biotechnology commercialization. , /PRNewswire/ -- NOROO Holdings Co., Ltd. (HQ: Seoul, South Korea), a comprehensive chemical group, announced that it has been selected as the lead executing organization for a major national project titled "Development of Feedstock Production and Value-Added Product Technologies to Promote the Bio-Based Polymer Market." This flagship initiative is supported by the Korea Evaluation Institute of Industrial Technology (KEIT) under the Ministry of Trade, Industry and Energy (MOTIE).
The 3-HP reaction facility at NOROO Group's research center (Image courtesy of NOROO Holdings) This milestone underscores NOROO Group's strategic commitment to advancing its presence in the global industrial biotechnology sector through the development of 3‑hydroxypropionic acid (3‑HP), a next-generation bio-based platform chemical. Recognized by the U.S. Department of Energy (DOE) as one of the "Top 12 Bio-based Platform Chemicals," 3‑HP serves as a highly versatile intermediate capable of conversion into a broad spectrum of high-value applications, including cosmetics, industrial coatings, and environmentally sustainable plastics. As a viable alternative to petroleum-derived feedstocks, the chemical is positioned as a cornerstone material in the transition toward carbon-neutral industrial systems.
Under this government-supported initiative, NOROO Holdings will spearhead the core program focused on the "Large-Scale Demonstration of 3-HP Production from Waste Biomass." The company will oversee the entire value chain—from sustainable feedstock procurement and process optimization to pilot-scale production and commercialization readiness.
Key project objectives include:
Developing bio-based, acrylic acid–derived polymer materials Scaling up and demonstrating the mass production of 3‑HP utilizing agricultural and industrial waste biomass Demonstrating bio-acrylic acid synthesis via the catalytic transformation of 3‑HP A defining feature of this project is the establishment of a robust Industry–Academia–Research consortium, bringing together leading research institutions and industrial partners to enable a seamless innovation pipeline spanning fundamental research, advanced process engineering, and downstream commercialization.
The initiative is also expected to drive powerful synergies across NOROO Group's core businesses, particularly through its flagship coatings subsidiary, NOROO Paint Co., Ltd. (long recognized for its advanced paint and chemical technology). Charged with the "Demonstration of bio-acrylic acid synthesis via catalytic transformation of 3-HP," NOROO Paint will spearhead the process of converting the intermediate into industrial raw materials. This will allow the company to actively research replacing acrylic acid—which has traditionally relied entirely on petrochemical processes—with sustainable, bio-based alternatives.
By incorporating 3‑HP-derived materials into automotive coatings, industrial paints, and architectural finishes, NOROO aims to strengthen its competitiveness in the rapidly expanding market for sustainable, premium, eco-friendly, and high-performance materials.
"This national project represents a pivotal inflection point for our industrial biotechnology division," said a spokesperson for NOROO Holdings. "It marks our transition from a long-term 'Research (R)' phase to full-scale 'Development (D)' and commercialization phase, supported by significant investments in pilot plant infrastructure."
The company further highlighted its alignment with national policy goals, stating, "The Ministry of Trade, Industry and Energy's proactive backing of these development-oriented projects clearly reflects a strong national commitment to expanding the industrial bio-material infrastructure. NOROO Holdings is proud to lead this green transition, proving both the environmental sustainability and economic viability of next-generation chemical alternatives."
NOROO Group's dedicated research arm, the NOROO Bio Fusion Research Institute, has spent over a decade advancing microbial strain engineering and biosynthesis technologies for 3‑HP production. The institute has successfully established a 5‑ton-scale facility, demonstrated its stable production, secured EU REACH registration for 3-HP derivatives, and verified a 99% biodegradation rate of these derivatives within 28 days. These proven achievements provide a rock-solid foundation for rapid commercialization and global market entry.
