Lenovo yesterday made a new surprise by announcing a quarterly profit of $693 million, far exceeding market expectations!
The technology company's revenue also soared by 20% to $18.8 billion, driven by the crazy demand for AI servers.
The secret weapon?
AI DeepSeek!
This low-budget AI technology from the start-up is now a 'game-changer' in Lenovo's PCs & tablets.
Lenovo CEO, Yang Yuanqing, is confident that this AI PC will dominate 80% of Lenovo's sales by 2027.
Lenovo's server division also exploded 59% compared to last year, while the cloud services business grew 12%.
With AI as the main engine, Lenovo seems ready to sprint further away from its peers!
