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HP forecasts strong fourth-quarter profit on price hikes, US tariff refunds
Source: reuters.com
Tax & TariffsCorporate EarningsCompany FundamentalsTechnology & Innovation
HP forecast current-quarter profit above Wall Street estimates, indicating tariff refunds plus price increases on premium and AI-powered PCs will offset memory chip expenses. The upside surprise is tied to tariff-related cost relief and mix-driven pricing rather than a change in chip economics. This guidance beat-style update is likely to support near-term sentiment around HP shares.
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