Information technology giant HP Inc. is undertaking a variety of strategic actions to help offset ongoing memory chip shortages.

Memory chips are a semiconductor device that stores digital data (information, code, or images) in electronic devices to act as either temporary or permanent storage for systems like computers, smartphones, automotive systems, gaming products, and most consumer electronics (TVs, cameras, etc.).

“Our initiatives are focused on securing supply, shaping demand and product configuration, implementing targeted cost reductions and taking pricing actions, and all […]