Lenovo Group kicked off its fiscal year with record‑high revenue, driven by strong demand for AI infrastructure and its resilient personal‑computer business. The world’s largest PC maker remains the market leader, holding a 24.2% share despite lower shipments in the quarter.

The company’s fiscal first‑quarter results place it on a solid path toward its $100 billion annual revenue goal within the next two years. Lenovo ended its latest fiscal year in March with $83.1 billion in revenue, marking its strongest quarterly top‑line growth in five years.

For the quarter ended June, Lenovo reported revenue of $26.94 billion, up 43% year‑over‑year, beating market expectations of $22.33 billion. This growth underscores Lenovo’s expanding role as both an AI infrastructure and AI device player, broadening its reach beyond traditional computing.

With AI demand surging, Lenovo’s robust performance signals continued resilience and a promising trajectory for future revenue targets.