A company has recorded its second quarterly performance by expanding its China-made semiconductor parts import and artificial intelligence (AI) server business, causing a sharp rise in its stock price. On the 15th, according to Hong Kong Stock Exchange, over last five trading days Lenovo's share price rose about 22%, while during one month return was 46% and year‑to‑date surpassing 265%.
This performance appears to have manifested even amid global economic slowdown and increasing cost burden. While major IT manufacturers are struggling, only Lenovo has been “running alone.” Particularly, the result of pushing supply chain diversification using China-made semiconductor parts also contributed largely to maintaining profit margin despite memory price increase.
Furthermore, AI server business has expanded massively. In this field, Lenovo has shown unique pioneering ability and strengthened AI application and related component supply chain. Accordingly, the company is expected to have future growth potential while pursuing both technical advantage and market share simultaneously.
Thus, Lenovo redefines its business model and receives attention in global IT industry. As expectations for the company rise, investors will review long‑term prospects along with stock price increase.