LENOVO GROUP LTD

Lenovo’s Profit Beats as AI Demand Drives a Gradual PC Recovery

Lenovo’s Profit Beats as AI Demand Drives a Gradual PC Recovery

Lenovo Group Ltd. reported better-than-expected quarterly profit, affirming hopes for a gradual computing industry recovery driven by global AI spending.Net income grew 38% to $243 million in the three months ended June, Lenovo said in a filing on Thursday. That compares with an average estimate for $231 million. Revenue rose 20% to $15.4 billion. Source link lol
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