(Bloomberg) — Lenovo Group Ltd.’s quarterly profit beat projections, highlighting how AI infrastructure spending is helping pull the global PC market out of a years-long funk.
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Net income more than doubled to $692.7 million in the December quarter. That compares with an average estimate of $365 million. Revenue rose 20% to $18.8 billion, also beating projections.
Investors are betting that PC makers from HP Inc. to Dell Technologies Inc. will benefit in 2025…
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