Lenovo memperkirakan pendapatan terkait AI dapat mempertahankan pertumbuhan dua digit yang tinggi di tahun keuangan baru

Lenovo Group (00992) Chief Financial Officer Zheng Xiaoming stated that the group currently has $21 billion in AI server orders and is still negotiating some large orders.

The infrastructure solutions business group (ISG), which includes AI servers, achieved a new high in revenue last quarter, growing 37% year-on-year to $5.6 billion, with quarterly operating profit of $202 million also setting a new record. Zheng Xiaoming believes that driven by AI demand, ISG will maintain high growth in the new fiscal year, and profitability will further improve.

He continued that due to restrictions on the sale of some Nvidia advanced AI chips in China, growth in AI infrastructure business is mainly driven by overseas markets. Earlier, the U.S. approved multiple Chinese companies to purchase Nvidia H200 chips, including Lenovo. When asked about the approval situation in China, Zheng Xiaoming did not comment on regulatory stance, but believes that if related products are allowed to be sold in mainland China, it is expected to further drive growth.

Considering AI infrastructure, AI terminals, and other products, Lenovo's AI-related revenue last quarter surged 84% year-on-year, accounting for 38% of the group's total revenue. Zheng Xiaoming pointed out that as the scale of AI-related revenue expands, it may not be able to maintain such high growth rates, but the new fiscal year should be able to sustain high double-digit growth.