HP Inc. reported quarterly revenue that exceeded analysts’ estimates, marking the first increase in PC sales in two years. The company attributes this growth to a combination of factors, including advancements in AI-enabled processors and a recovering PC demand. CEO Enrique Lores highlighted the significant role that AI PCs are expected to play in the company's future, predicting that AI PCs will account for 10 percent of the client computers shipped in the second half of the fiscal year. HP has also unveiled a new portfolio of solutions designed for the AI and hybrid era. $HPQ: +1.6% AH.