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WSJ Tech News Briefing · Friday, September 4, 2026

HP Reports 18% PC Revenue Growth Despite 16% Drop in Unit Sales Amidst Chip Shortage

Despite a 16% decrease in unit sales, HP managed to achieve an 18% increase in PC revenue during the second quarter, a trend seen across the industry. This performance is attributed to the strategy of selling fewer PCs at higher prices, driven by AI-related memory chip shortages. Similar gains were reported by other major PC manufacturers.

companyHPcompanyDellcompanyLenovo

The tape

3 quotes
So far, PC makers have found that enough businesses and consumers are buying the pricier computers to lift overall sales, including at HP, Dell, and Lenovo.
Julie Chang
HP's PC revenue grew 18% in the second quarter, despite a 16% drop in unit sales.
Julie Chang
Similar gains were reported across the industry.
Julie Chang
Heard on WSJ Tech News Briefing — “TNB Tech Minute: Tech Suffers in Otherwise Strong Jobs Report, published Friday, September 4, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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HP Reports 18% PC Revenue Growth Despite 16% Drop in Unit Sales Amidst Chip Shortage — Heardvine