Thank you for this additional information.
So this adapter is responsible for both Wifi and Bluetooth. In the Device manager, right click on this adapter > properties > power management. And uncheck the allow computer to turn off device to save power box, and observe if this issue continues.
You already downloaded and installed the driver from HP, that's both Wifi and BT drivers right? Even though they are served by the same adapter, drivers still need to be installed as Wifi and BT separately.
Your HP should also have the HP update assistant. Run that and make sure all firemware is updated too.
If none of these addresses the issue, you might want to reach out to HP while your device is still covered as a new device. This can be a hardware issue related to power supply from the mainboard, or the card itself.