AI & Enterprise
Lenovo shares jump 15 percent after AI business revenue doubles
Lenovo shares jumped more than 15 percent after the company posted strong results, helped by growth in its AI business. Lenovo recorded quarterly revenue of $21.6 billion, up 27 percent from a year earlier, its fastest growth in five years. Net profit rose nearly sixfold to $521 million. AI-related revenue surged 84 percent and accounted for more than one-third of group revenue.
