A board (DC controller, formatter or interconnect) or disk (hard drive), solid state drive (SSD) or embedded micro media card (EMMC) with no data or existing data has been placed in the device. If you continue, existing data is permanently lost.
This is a common screen to see when changing any of the above-listed printer logic components. The main importance for this message is, if using a board/disk from a working printer for troubleshooting, it will be re-programed via serial number, model number, page counts, etc. if you select “continue”.
However, this is an added bonus when replacing a failed part as the printer for example saves the serial number, model number, page counts, etc. in three places, so the odd one out that does not match will be reprogrammed to match when selecting continue, meaning you no longer need to enter service mode to enter the counts manually. This process is defined as HP save/restore.