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Lenovo Stock Doubles in May on AI Server Boom—Best Month in 27 Years
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✦AI Analysis
Lenovo's stock price surged 109% in May, marking its best month in 27 years, driven by a significant increase in AI-related revenue, which now accounts for 38% of quarterly sales. Goldman Sachs has responded by more than doubling its target for the company's stock price.
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LenovoGoldman SachsAIPC market
Originally reported by Decrypt. Read the full article ↗