Traditional PC demand has weakened after a post-pandemic boom, while AI-powered computers have yet to see mass adoption despite some interest from corporate and education sectors. "We have long warned that we did not expect artificial intelligence personal ...

HP Inc. gave an outlook for profit in the current quarter that fell short of estimates, suggesting a setback in the personal computer market’s recovery from a yearslong slump.

HP forecast its first-quarter profit below Wall Street expectations on Tuesday, signaling persistent choppy demand in the personal computers market and sending the company's shares down 8.4% in extended trading.

HP (HPQ) shares tumbled in extended trading Tuesday after the company's current-quarter outlook missed analysts' projections, despite better-than-expected results for the fiscal fourth-quarter. The personal computer and printing company saw fourth-quarter revenue grow 1.

Analysts had expected HP’s PC segment to deliver $9.8 billion in sales in the previous quarter, but the company came up just short of that target, reporting $9.6 billion, up 2% from a year earlier. Within that segment,