financetom
Business
financetom
/
Business
/
Market Chatter: HP to Build AI-Ready PCs in Saudi Arabia in Venture
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: HP to Build AI-Ready PCs in Saudi Arabia in Venture
Oct 24, 2025 12:03 PM

02:37 PM EDT, 10/24/2025 (MT Newswires) -- HP (HPQ) plans to manufacture millions of computers in Saudi Arabia by 2030 through a partnership with SAMI Advanced Electronics, a subsidiary of the country's Public Investment Fund, Semafor reported Friday, citing Fadle Saad, managing director of HP's Middle East and North Africa headquarters.

A facility will be developed in Riyadh to produce desktop personal computers designed for artificial intelligence and aimed at enterprise customers, with most output set for export to the Middle East and North Africa, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 27.87, Change: +0.04, Percent Change: +0.13

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
RBC Capital Markets Details Highlights From Investor Meetings With Nutrien
RBC Capital Markets Details Highlights From Investor Meetings With Nutrien
Apr 1, 2024
10:49 AM EDT, 04/01/2024 (MT Newswires) -- RBC Capital Markets outlined Thursday the key takeaways from its investor meetings with Nutrien Ltd. ( NTR ) in Toronto. RBC said overall the meetings were constructive, with investors focused on long-term growth prospects in retail and stabilizing conditions in fertilizer markets. Investors are also less focused on the volatility of fertilizer prices...
Market Chatter: Brookfield Asset Management's Credit Business Aims to Lure Insurers
Market Chatter: Brookfield Asset Management's Credit Business Aims to Lure Insurers
Apr 1, 2024
10:47 AM EDT, 04/01/2024 (MT Newswires) -- Brookfield Asset Management's ( BAM ) newly formed $200-billion credit business aims to attract insurers to oversee their assets, Bloomberg reported Monday, citing the unit's chief executive officer. What we've decided to do is bring all of our credit activities under one umbrella, allowing for increased focus and more growth, said Craig Noble,...
Else Nutrition Holdings Q4 Revs Up Vs Prior Quarter
Else Nutrition Holdings Q4 Revs Up Vs Prior Quarter
Apr 1, 2024
10:47 AM EDT, 04/01/2024 (MT Newswires) -- Else Nutrition ( BABYF ) on Monday announced revenue for 2023 increased 11% to $9.4 million compared with $8.5 million for the same period last year. It noted that revenue for the fourth quarter increased 38% sequentially to $2.4 million compared to $1.7 million for Q3 2023, reflecting an 85% and 106% increase...
Panel says FAA should end mandate pilots disclose talk therapy sessions
Panel says FAA should end mandate pilots disclose talk therapy sessions
Apr 1, 2024
WASHINGTON (Reuters) - An expert panel appointed by the Federal Aviation Administration said Monday the agency should drop a requirement that airline pilots and air traffic controllers disclose talk therapy sessions. The FAA should develop a non-punitive pathway for reporting previously undisclosed mental health conditions, treatments, or medications, said the panel whose members include aviation associations, pilot and air traffic...
Copyright 2023-2026 - www.financetom.com All Rights Reserved