Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Lenovo profits soar past expectations on AI computers,...
Business & Finance

Lenovo profits soar past expectations on AI computers, servers and services

Lenovo profits soar past expectations on AI computers, servers and services
MarketWatch Thursday 13 August 2026, 07:20 UTC By Steve Goldstein 1 min read
Key Points

Lenovo Group on Thursday became the latest company in the build-out of artificial intelligence to report soaring profits that caught investors by surprise.

Lenovo Group on Thursday became the latest company in the build-out of artificial intelligence to report soaring profits that caught investors by surprise. [Image text:] AIINACT UECTEL$3 OF Smart Lin AIx* - GOAI
Lenovo (ORG) Lenovo Group (ORG)
Originally published by MarketWatch Read original →

Related Stories

M&G Eyes Broader Opportunities Amid Concentration Risk

Aug 13th, 2026 M&G Eyes Broader Opportunities Amid Concentration Risk Fabiana Fedeli, CIO of multi-asset at M&G Investments, says the level of concentration in Asian equity indices and the S&P is a concern, but that there are "plenty of opportunities" from a broader market perspective. "There are some real outstanding winners that are not actually in AI," Fedeli tells Bloomberg Television. "There's a lot of comfort that you can actually grow from that."

Bloomberg Technology 11m ago

Beijing’s offshore insurance tax tests Hong Kong wealth management

Advertisement Opinion Beijing’s offshore insurance tax tests Hong Kong wealth management While markets initially fell, more transparent cross-border oversight could strengthen the city’s credibility as a wealth management centre 3-MIN READ3-MIN Matteo Giovannini is a finance professional with extensive experience in private and state-owned enterprises, specialising in Asian markets and cross-border project financing. Financial markets have been gripped by concern in recent days over reports...

South China Morning Post 13m ago

UK economy grows between April and June but experts warn of challenges in coming months

The UK economy grew by 0.4% with some firms reporting hot weather and sports helped growth in June.

BBC News 21m ago

CXMT Overtakes Tencent to Become Most Valuable Chinese Company

CXMT Overtakes Tencent to Become Most Valuable Chinese Company CXMT Corp. has overtaken Hong Kong-listed Tencent Holdings Ltd. as the world’s most valuable Chinese company, underscoring the AI‑driven frenzy fueling demand for memory‑chip stocks. CXMT, which debuted in Shanghai last month and quickly became China’s largest onshore-listed company, fell 1.2% Thursday, leaving its market capitalization at $524 billion. Even so, it became more valuable than Tencent, whose valuation slid to $510...

Bloomberg Technology 22m ago