Intellectual Finance News App learned that Lenovo Group (00992) rose by more than 3% in mid-day trading. As of press time, it rose by 2.54% to HKD 11.3, with a turnover of HKD 289 million.
On the news side, Lenovo released the AIPC series of products with a personal intelligence agent "Lenovo Xiaotian" at the Tech World conference on April 18th. On May 21st, Lenovo announced the release of Microsoft Copilot+PC in partnership with Qualcomm. Lenovo recently stated that the current Lenovo AI PC has more than 40 AI applications and is expected to reach 1,000 by the end of the year.
Guosheng Securities pointed out that with the continuous penetration of AIPC, the ASP and OPM of Lenovo Group's PC products are expected to increase significantly. In addition, Goldman Sachs released a report stating that its positive view of AI PC remains unchanged, and that the forecast for a 2% AI PC penetration rate in 2024 remains unchanged, and that this number will increase to about 65% by 2028. Goldman Sachs said that Lenovo is still its top recommended stock.