Business
Lenovo Posts Record Revenue With Strong Device and AI Server Sales
Lenovo 992 2.89%increase; green up pointing triangle Group, the world’s largest personal-computer maker, maintained double-digit revenue growth in its third quarter as it continued solid device sales and AI server revenue strengthened.
The better-than-expected results come against a backdrop of surging memory-chip prices disrupting the consumer-electronics market as artificial-intelligence demand outpaces supply. Some consumers have also pulled forward demand, worried that rising memory prices would make electronics more expensive this year, likely giving the PC maker a bump.
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