During the first quarter of the 2026 - 27 fiscal year, Lenovo Group put on an impressive show. Its revenue soared to US$26.943 billion, marking a significant 43% jump compared to the same period last year. The adjusted net profit reached US$1.075 billion, a remarkable 176% increase year - on - year. What's more, the net profit margin nearly doubled from the previous year. One of the standout aspects was the revenue from AI - related businesses, which skyrocketed by 60% year - on - year to RMB 63.4 billion, hitting a new all - time high.

This outstanding performance by Lenovo had a ripple effect on the US market. PC concept stocks got a boost, with HP's stock price climbing more than 9% and Dell Technologies' stock rising over 5%.