{"id":252093,"date":"2026-05-22T01:00:00","date_gmt":"2026-05-22T05:00:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/22\/lenovo-shares-jump-15-on-record-earnings-as-ai-revenue-nearly-doubles\/"},"modified":"2026-05-22T01:55:21","modified_gmt":"2026-05-22T05:55:21","slug":"lenovo-shares-jump-15-on-record-earnings-as-ai-revenue-nearly-doubles","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/22\/lenovo-shares-jump-15-on-record-earnings-as-ai-revenue-nearly-doubles\/","title":{"rendered":"Lenovo shares jump 15% on record earnings as AI revenue nearly doubles"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnbc.com\/2026\/05\/22\/lenovo-shares-jump-15percent-on-record-earnings-as-ai-revenue-nearly-doubles.html\">Lenovo shares jump 15% on record earnings as AI revenue nearly doubles<\/a><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2026\/05\/22\/lenovo-shares-jump-15percent-on-record-earnings-as-ai-revenue-nearly-doubles.html\">https:\/\/www.cnbc.com\/2026\/05\/22\/lenovo-shares-jump-15percent-on-record-earnings-as-ai-revenue-nearly-doubles.html<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-22 01:00:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.cnbc.com\">www.cnbc.com<\/a><\/p>\n<p><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<p>Chinese multinational technology company, Lenovo logo seen in Shenzhen. (Photo by Alex Tai\/SOPA Images\/LightRocket via Getty Images)<\/p>\n<p>Alex Tai | SOPA Images | LightRocket | Getty Images<\/p>\n<p>Shares of Lenovo surged over 15% on Friday, after the personal computer and electronics giant posted strong revenue growth powered by its growing artificial intelligence business.\u00a0<\/p>\n<p>Group revenue for the March quarter reached $21.6 billion, up 27% year-on-year \u2014 the highest growth rate in five years for the Hong Kong\u2013based Chinese multinational company. Net income grew by nearly a factor of six to reach $521 million. Full-year results reached a record.\u00a0<\/p>\n<p>The standout performer was AI-related revenue, which surged 84% in the fourth quarter to account for more than a third of total group revenue. The category includes devices such as PCs and smartphones with neural processing units, servers with graphics processing units, and services.\u00a0<\/p>\n<p>Stock Chart IconStock chart icon<\/p>\n<p><iframe title=\" \" src=\"https:\/\/www.cnbc.com\/appchart?symbol=992-HK&#038;range=1M&#038;type=mountain&#038;embedded=true&#038;$DEVICE$=undefined\" height=\"460\" scrolling=\"no\" loading=\"lazy\" style=\"border:0;width:100%\"><\/iframe><\/p>\n<p>Lenovo aims to become a $100 billion company within the next two years, Chairman and CEO Yuanqing Yang said in a statement, with much of the growth plan hinging on AI. Its market cap is currently around $24 billion.<\/p>\n<p>Lenovo&#8217;s &#8220;Hybrid AI strategy&#8221; encompasses personal AI across its devices, as well as its enterprise AI business, which focuses on helping customers leverage their data for insights and business value.<\/p>\n<p>Lenovo also maintained its position as the world&#8217;s top PC vendor in the fourth quarter, with global market share reaching 24.4%. <\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108311009-17794259731779425970-46095758028-1080pnbcnews.jpg?v=1779425972&#038;w=750&#038;h=422&#038;vtcrop=y\" alt=\"Lenovo's biggest challenge - exploding memory prices: Analyst\"\/><span class=\"InlineVideo-videoButton\"\/><span\/>Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/05\/22\/lenovo-shares-jump-15percent-on-record-earnings-as-ai-revenue-nearly-doubles.html\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lenovo shares jump 15% on record earnings as AI revenue nearly doubles https:\/\/www.cnbc.com\/2026\/05\/22\/lenovo-shares-jump-15percent-on-record-earnings-as-ai-revenue-nearly-doubles.html Publish Date:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":252094,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/106229832-1573105907272gettyimages-1175328289.jpeg?v=1573106005&w=1920&h=1080","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-252093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/252093"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=252093"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/252093\/revisions"}],"predecessor-version":[{"id":252095,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/252093\/revisions\/252095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/252094"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=252093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=252093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=252093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}