Lenovo Group is trading 19.29% up now at $88 after record fiscal first-quarter revenue beat expectations and accelerating AI infrastructure demand.
- Revenue rose 43% year over year to $26.94 billion, versus the $22.3 billion analyst expectation.
- AI-related revenue increased 60% to $9.3 billion; the AI-server pipeline reached $54 billion.
- Adjusted net income rose 176% to $1.1 billion, while shares gained as much as 22% in Hong Kong; broader technology strength added support.