Lenovo Server Business Surges on Cloud and AI Infrastructure




📅 - Lenovo's infrastructure business nearly doubled quarterly revenue as demand from cloud providers and enterprises drove server sales sharply higher, giving the Chinese technology group a larger role in an AI infrastructure market still constrained by power, accelerators and capital. The company reported $8.5 billion in infrastructure revenue for its fiscal first quarter, up 98% from last year.

For cloud operators and data center buyers, the more interesting number sits elsewhere in Lenovo's results. Its AI server pipeline has reached $54 billion, an increase of 157% from the previous quarter. Pipeline is not revenue, and Lenovo does not disclose how much of that figure represents firm [...][... Check source for end of article ...]
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