Analysis
Lenovo's financial results showcase impressive growth, particularly in its AI-related ventures. The company's optimistic outlook, spearheaded by CEO Yang Yuanqing, dismisses concerns about an AI bubble and highlights the continued strong market demand for AI solutions and products. This signals a robust, forward-looking strategy.
Key Takeaways
- •Lenovo's third-quarter revenue surged over 18%, with adjusted net profit up 36%.
- •AI-related revenue skyrocketed 72% YoY, now representing 32% of total revenue.
- •The company's leadership sees no AI bubble, anticipating continued high-speed market growth.
Reference / Citation
View Original""Now everyone is talking about whether AI has a bubble, and perhaps there is over-investment and too much investment in some areas. But I think, AI as a whole, has no bubble. It's just a big trend, and it's a trend that can't be stopped.""