Overview
- Lenovo's revenue rose 9% year-on-year to $13.8 billion in the March quarter, beating analyst estimates.
- Net income doubled to $248 million, marking the company's second consecutive quarter of growth.
- The company is focusing on AI PCs, predicting they will become mainstream within three years.
- Lenovo's infrastructure solutions group reported a 15% increase in revenue due to high demand for AI infrastructure.
- Despite a full-year revenue drop, Lenovo expects AI servers to grow twice as fast as the broader market.