HP Stock Is Rising Monday: What's Going On?

HP Inc. HPQ is stirring up investor interest Monday afternoon with notable movement in its stock price.

What To Know: HP unveiled a new class of next-generation AI PCs at Microsoft Corp’s MSFT AI Vision Event on Monday.

The unveiling of the HP OmniBook X AI PC and HP EliteBook Ultra AI PC marked a significant step forward in the evolution of personal computing. Equipped with a dedicated Neural Processing Unit (NPU) capable of 45 trillion operations per second, these devices offer lightning-fast responsiveness and unprecedented AI-powered features.

HP highlighted the sleek design, long battery life and robust security features of its new AI PCs. The HP OmniBook X and HP EliteBook Ultra promise to redefine productivity and creativity, enabling users to unleash their full potential from anywhere.

"We're at the beginning of a new decade of personal computing that will redefine what a personal computer is. AI enables a fundamentally more personalized and creative experience we believe will empower people in both their personal and professional lives." said Alex Cho, president of personal systems at HP Inc. 

HP noted that its next-gen PCs are designed and engineered around the Snapdragon X Elite processor. Coupled with Copilot+ PC and transformative features like Recall, these PCs are expected to supercharge creativity and productivity. Both devices also incorporate recycled materials and sustainable sourcing, reflecting HP’s dedication to environmental stewardship.

See Also: What’s Going On With Palo Alto Networks Stock Ahead Of Earnings?

HPQ Price Action: HP Inc shares were up by 2.63% at $31.79 at the time of writing, according to Benzinga Pro.

See Also: Microsoft To Unveil New Surface Devices At Redmond Event

Image: 3844328 from Pixabay.