Lenovo shares surged to a record high after the PC maker reported stronger-than-expected quarterly earnings, driven by robust AI server demand and a PC market rebound.
Hong Kong-listed shares jumped 18% to HK$18.7, adding to a 20% gain on Friday.
Revenue rose 27% to $21.6 billion, while net profit surged 479% to $521 million.
Lenovo's infrastructure solutions business, including AI servers, grew 37%.
AI-related revenue doubled to account for one-third of total revenue.
