--- title: "Understanding the Market | Lenovo Group's intraday increase of over 8% hits a new high as NVIDIA ignites the AI PC company's comprehensive AI transformation results" type: "News" locale: "en" url: "https://longbridge.com/en/news/288349462.md" description: "Lenovo Group's stock price rose over 8% during intraday trading, reaching a historic high. Influenced by NVIDIA's entry into the PC processor market and better-than-expected earnings reports from Dell and Lenovo, Lenovo's AI transformation has yielded results, with AI revenue accounting for 33% and net profit doubling. Huatai Securities and Guotai Junan are both optimistic about its benefits from the AI wave and valuation reshaping" datetime: "2026-06-02T01:50:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288349462.md) - [en](https://longbridge.com/en/news/288349462.md) - [zh-HK](https://longbridge.com/zh-HK/news/288349462.md) --- # Understanding the Market | Lenovo Group's intraday increase of over 8% hits a new high as NVIDIA ignites the AI PC company's comprehensive AI transformation results According to Zhitong Finance APP, Lenovo Group (00992) has risen over 8%, reaching a high of HKD 27.42 during the session, setting a new historical high. As of the time of writing, it has increased by 6.1%, trading at HKD 26.78, with a transaction volume of HKD 1.978 billion. On the news front, on June 1st, NVIDIA officially announced its entry into the personal computer processor market, focusing on the general computing chip market for PCs. NVIDIA's CEO Jensen Huang stated at the Taipei International Computer Show that starting this fall, mainstream PC brands such as Dell and Lenovo will successively launch laptops and desktops equipped with the RTX Spark super chip. Previously, Dell and Lenovo's latest financial reports significantly exceeded market expectations. Among them, Lenovo Group's AI transformation results have fully materialized, with AI-related revenue for the fiscal year 2025/2026 growing by 105% year-on-year, accounting for 33% of total revenue. In the fourth fiscal quarter, AI revenue growth remained as high as 84%, with quarterly net profit doubling year-on-year, and its core AI infrastructure ISG business successfully achieving a profitability turning point. Huatai Securities believes that Lenovo's business, as a core link in the AI field and one of the few technology companies operating core businesses in both China and the United States, is expected to continue benefiting from the current resonance wave of mixed artificial intelligence development between China and the U.S., which may represent the greatest common divisor in the AI technology industry between the two countries. Cathay Pacific Securities also stated that based on Dell's stock price reaction, complete machine manufacturers with AI server delivery capabilities, supply chain organization capabilities, and large customer order capabilities are being repriced, and Lenovo is expected to welcome a central uplift in valuation ### Related Stocks - [00992.HK](https://longbridge.com/en/quote/00992.HK.md) - [DELL.US](https://longbridge.com/en/quote/DELL.US.md) - [LNVGY.US](https://longbridge.com/en/quote/LNVGY.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) ## Related News & Research - [What's Going On With Taiwan Semiconductor Stock Monday?](https://longbridge.com/en/news/288256902.md) - [How High Can Nvidia Stock Go in One Year? One 5-Star Analyst Sees a Path to $10 Trillion Valuation](https://longbridge.com/en/news/288186168.md) - [Dell Is the General Contractor of the Next Wave of the AI Buildout. DELL Stock Is Set to Win.](https://longbridge.com/en/news/288466774.md) - [Hewlett Packard Enterprise Earnings: Can It Ride Dell's AI Wave?](https://longbridge.com/en/news/288314716.md) - [Huang's AI revenue model fuels Nvidia's $750B vision](https://longbridge.com/en/news/287654432.md)