Thursday, 13 August

Thursday, 13 August2026

Riding the AI Wave: Lenovo Hits 5-Year High with $26.9B Q1 Revenue

By TechShots Studio
Riding the AI Wave: Lenovo Hits 5-Year High with $26.9B Q1 Revenue
World leader in PCs Lenovo surged 43% in Q1 revenue to $26.94 billion—its fastest growth in five years. Beating market forecasts of $22.3 billion, the Chinese tech giant capitalized on skyrocketing global demand for AI-capable hardware alongside a boost from memory chip shortages, sending AI-related sales up 60% year-over-year.
Read full story at REUTERS

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