BILENOV@EC2603B

Lenovo Announces Capital Expenditure Peak for Current Fiscal Year

Lenovo CFO: Future Spending to Align with Customer Demand

Lenovo CEO Comments on Healthy Future Memory Inventory Levels

Lenovo CEO expects infrastructure business to be profitable in Q4

Lenovo CEO Sees Opportunities in Memory Supply Shortage

Lenovo 转向人工智能推理市场

Lenovo Group's Q3 AI Revenue Grew by 72%

Lenovo Group reports Q3 revenue of $22.2 billion

Rising Memory Prices Lead to Projected Decline in Q1 2026 Notebook Shipments

Morgan Stanley Sees Better-than-Expected Lenovo Group Earnings

JPMorgan Cuts Long Position in Lenovo Group

Lenovo Group to release FY2026 Q3 earnings on February 12 Pre-Market (BJT), forecast revenue HKD 160.97 B, EPS HKD 0.2595

Lenovo Collaborates with Huddly to Launch ThinkSmart-Huddly Suite

Yang Yuanqing: Hybrid AI Aids Industrialization

Lenovo Launches AI-Driven Solutions for 2026 FIFA World Cup

Lenovo Seeks Collaboration with Major Language Model Companies to Become a Global AI Enterprise

Numans Health Food Buys 6 Million Shares of Lenovo Group for HKD 53 Million

Lenovo Collaborating with Multiple LLM Enterprises to Enhance Devices

Lenovo Receives CDP A-Rating for Climate and Water Security, Becomes Sustainable Leadership

Lenovo and NVIDIA Deepen AI Infrastructure Collaboration

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Exploding memory prices are driving corporate buyers to expedite PC purchases, with DRAM and NAND prices soaring 80-90% since late 2025. Lenovo reported a 14% revenue increase in its Intelligent Devices Group, with PC revenues up 18%. The memory supply shortage is deemed unprecedented, with forecasts of continued price hikes. CDW anticipates strong hardware growth as buyers rush to avoid higher costs. Analysts predict a potential 10-15% decline in PC shipments due to rising prices, indicating a shift towards premium devices despite lower volumes.

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Memory price explosion triggers PC buying spree

Lenovo Group, the largest PC maker, reported a 21% profit drop due to a global memory crunch, warning of its prolonged impact. Despite an 18% revenue increase to $22.2 billion, high memory costs affected profits, with net income at $546 million. Lenovo's shift to AI-powered devices, which saw a 72% revenue growth, is expected to drive future growth. The company's shares fell 4.5% following the earnings report. Lenovo maintains a 26% share of the global PC market, leveraging its scale to secure components amid supply challenges.

南华早报

China’s Lenovo warns of ‘prolonged’ memory crunch, looks to AI for rebound

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Shares of Dell Technologiesdown 2.6% at $120.97, while those of HP Incfall 2.7% to $19.22 premarket China’s Lenovo Groupwarns about mounting pressure on PC shipments as a worsening memory-chip shortage grips the industry “We expect PC unit sales to face pressure, but believe we can still grow revenue and maintain profitability” - CEO Yang Yuanqing tell ReutersLenovo reports a 21% drop in third-quarter profitIn 2025, DELL rose ~9%, while HPQ fell ~32%

Reuters

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BUZZ-Lenovo's memory shortage warning weighs on Dell, HP

Zheng Xiaoming, Senior Vice President and Chief Financial Officer of Lenovo Group, stated that the company is confident in ensuring memory supply and believes that small computer manufacturers will be more affected by the shortage. The impact of U.S. tariffs has eased, and the global supply chain has adjusted. In the third fiscal quarter, AI-related revenue grew by 72%, accounting for 32% of total revenue. Zheng Xiaoming believes that the ISG business has significant growth potential in the future, expecting to save over $200 million in net costs in the coming years. The gross margin of AI personal computers is higher than that of general personal computers, while the gross margin of AI servers is lower than that of general servers, but it is expected to grow to similar levels in the future

AASTOCKS

Lenovo: Confident in ensuring memory supply, significant growth potential for ISG business

On February 12th, LENOVO GROUP disclosed its third-quarter results, showing that for the three months ending December 31, 2025, revenue was USD 22.2 billion, …

- Lenovo Group reported a revenue of $22.2 billion for Q3 ending December 31, 2025, a year-on-year growth of 18%, but net profit dropped over 20% to $546 million.  
- The smart devices segment experienced a 14% revenue increase, while AI-related income surged 72%, accounting for 32% of total revenue.  
- However, rising costs, particularly in storage components, pose challenges, prompting Lenovo's CEO to highlight the company's competitive position in supply chain management and pricing.

Wallstreetcn

Lenovo aims to use "scale advantages" to combat the rising tide of storage prices

Lenovo Group Limited reported its earnings for the third quarter and nine months ending December 31, 2025. Q3 sales reached USD 22.20 billion, up from USD 18.80 billion year-over-year, while net income fell to USD 545.54 million from USD 692.67 million. Basic earnings per share decreased to USD 0.0444 from USD 0.0566. For the nine months, sales increased to USD 61.49 billion from USD 52.09 billion, with net income rising to USD 1.39 billion from USD 1.29 billion. Basic earnings per share improved to USD 0.1133 from USD 0.1056.

marketscreener

Lenovo Group Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025

LENOVO GROUP (0992) announced its third-quarter results for the period ending December 31, 2025, with revenue reaching USD 22.2 billion, an 18% year-on-year increase, setting a quarterly historical record. Adjusted profit reached USD 589 million, a significant year-on-year growth of 36%. Revenue related to artificial intelligence (AI) performed strongly, soaring 72% year-on-year, accounting for 32% of total revenue. Chairman Yang Yuanqing stated that the group has fulfilled its commitment to double-digit growth and maintaining profitability in the second half of the year, with all business segments achieving double-digit revenue growth. Gross profit for the quarter was USD 3.35 billion, with a slight decline in gross margin to 15.1%

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Lenovo's third-quarter revenue hits a quarterly record high, Yang Yuanqing: The group successfully delivers on its growth promise

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KNOWLEDGE ATLAS(02513) rose 28.68%, with a trading turnover 2.6 Billion HKD, and a year-to-date rose 246%. GIGADEVICE(03986) rose 20.95%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 121%. BUD APAC(01876) fell 5.21%, with a trading turnover 245.6 Million HKD, and a year-to-date rose 3.2%. LENOVO GROUP(00992) fell 4.56%, with a trading turnover 2.3 Billion HKD, and a year-to-date fell 2.8%.

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Lenovo's revenue in the fourth quarter increased by 18% year-on-year to USD 22.2 billion, setting a historical high. The AI business is becoming the core engine of Lenovo's growth, with AI-related revenue growing by 72% year-on-year, accounting for 32% of the group's total revenue. However, net profit attributable to shareholders decreased by 21% year-on-year to USD 546 million, and the gross margin fell to 15.1%. Although the infrastructure business achieved record revenue, it is still in a loss-making state

- Lenovo's stock dropped over 5% despite record third-quarter revenue driven by AI, as net profit fell 21% year-on-year due to concerns over profit quality and ongoing losses in its infrastructure segment.  
- The company's Q3 net profit was $546 million, surpassing market expectations, while revenue rose 18% to $22.2 billion, with AI-related income increasing 72% and comprising 32% of total revenue.  
- Despite strong revenue growth, gross margin declined to 15.1%, highlighting challenges in profitability, while cash flow improved significantly and net cash position strengthened, providing a buffer for expansion in AI-related business areas.

Lenovo's Q4 revenue hits a record but net profit declines by 21%, AI business accounts for 32% ｜Financial Report Insights

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Lenovo CEO: CPU shortage will drive overall PC cost

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Lenovo CEO: CPU shortage will drive overall PC cost

Lenovo CEO: Lenovo hiked PC prices to navigate soaring memory chip costs

Lenovo CEO: Lenovo hiked PC prices to navigate soaring memory chip costs

Nvidia’s new N1 and N1X chips will soon be out in consumer laptops from Dell and Lenovo, media report, noting the Arm-based chips with integrated Nvidia RTX-series (Blackwell) GPUs are made for Windows-on-Arm laptops. The chips are co-developed with Taiwan’s MediaTek and built using TSMC’s 3nm process. $NVIDIA(NVDA.US) $Microsoft(MSFT.US) $Arm(ARM.US) $Dell Tech(DELL.US) $Lenovo Group(LNVGY.US) #mediatek #lenovoSource: Dan Nystedt

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PC giants Lenovo, Dell and HP all warned the AI boom is using up memory chips, leading to tight global supplies next year, media report, citing Lenovo’s CFO saying the cost surge is “unprecedented” and confirming Lenovo is stockpiling memory chips, while Dell’s COO said he’s never seen memory costs “escalate at this pace” and HP’s CEO said the 2nd half of next year will be “particularly challenging” and HP will raise PC prices if necessary. The three PC giants all held quarterly earnings conferences recently. $Lenovo Group(LNVGY.US) $Dell Tech(DELL.US) $HP(HPQ.US) $HXSCL $SSNLF $Micron Tech(MU.US) #SKhynix #Samsung #SemiconductorsSource: Dan Nystedt

Today’s Key News Recap

1017 | Dolphin Research Focus: 🐬 Macro/Industry 1. Shares of two U.S. regional banks plummeted due to loan fraud and bad debt issues, with the regional bank index posting its worst performance since April. Risk aversion sentiment pushed up U.S. Treasury and gold prices. The event highlights potential risks in the credit market, and concerns about 'more risk points' will suppress sentiment in financial stocks, while reinforcing expectations for the Federal Reserve to maintain an accommodative stance. 🐬 Individual Stocks 1. $Micron Tech(MU.US) Micron Technology's U.S. stock fell in after-hours trading. According to reports, Micron will stop selling server chips to Chinese data centers...

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Micron to Stop Selling Server Chips to Chinese Data Centers; Meta Plans to Raise $30 Billion to Build Data Centers | Today's Important News Recap

$XTALPI(02228.HK) The data is as boring as the order book. But the intraday rebounds for two consecutive days still make &#34;Lenovo&#34; start to flutter. Just wait and see.

XTALPI

BILENOV@EC2603B(19107.HK)

Memory price explosion triggers PC buying spree

China’s Lenovo warns of ‘prolonged’ memory crunch, looks to AI for rebound

BUZZ-Lenovo's memory shortage warning weighs on Dell, HP

Lenovo: Confident in ensuring memory supply, significant growth potential for ISG business

Lenovo aims to use "scale advantages" to combat the rising tide of storage prices