On June 1, Lenovo Group rose 6.33% in regular trading, trading at HK$25.92 per share, with trading volume of HK$1.973 billion.
On the news front, Dell Technologies recently reported Q1 revenue surging 88% year-over-year to US$54.2 billion, with AI server revenue reaching US$16.1 billion — a staggering 757% year-over-year increase. Dell also raised its full-year AI server revenue guidance to US$60 billion, fueling sustained bullish sentiment across the global hardware infrastructure sector.
Lenovo Group itself reported robust Q4 results, with AI-related revenue growing 84% year-over-year to 38% of total revenue. Its ISG (Infrastructure Solutions Group) business reached a profitability inflection point, marking a structural shift from loss-making to profit-contributing. Goldman Sachs raised its target price to HK$27, while the market is repricing Lenovo from a traditional PC manufacturer toward an AI infrastructure platform. The stock has surged over 100% in May, its strongest monthly gain since 1999.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
