HP Inc. (HPQ) Surges 3.28% to Intraday High on AI Hardware Launch, Microsoft-Qualcomm Partnerships

The share price rose to its highest level so far this month, with an intraday gain of 3.28%.

HP Inc. (NYSE: HPQ) drove optimism following its CES 2026 announcements, which highlighted AI-integrated hardware and strategic partnerships. The company introduced the HP EliteBoard G1a, a compact AI PC, and the HP OmniBook Ultra 14, featuring Qualcomm’s Snapdragon X2 Elite and advanced neural processing units. These products underscore HP’s pivot toward AI-driven productivity tools, addressing demand for local data processing and cross-platform flexibility. The launch of the HyperX OMEN MAX 16, a high-performance gaming laptop, further expanded its market reach into the lucrative gaming sector.

Collaborations with Microsoft and Qualcomm strengthened HP’s ecosystem, including embedding Microsoft Copilot into Office Print devices and leveraging Snapdragon and Intel chips for hybrid computing. These moves position HP to compete with rivals by offering tailored solutions for enterprises and consumers. Sustainability efforts, such as integrating recycled materials and energy-efficient OLED displays, also align with investor priorities, enhancing long-term appeal. Analysts note that HP’s focus on AI, partnerships, and eco-conscious design addresses key growth drivers, though supply chain risks and market saturation remain potential hurdles.