Lenovo’s latest results highlight demand for AI-powered devices [Video]

• Lenovo has shared its latest results for Q2 2024/2025, and unsurprisingly AI PCs are having an impact.
• It was able to secure a 24 percent market share on the back of increasing interest in AI-powered devices.
• AI PCs are expected to represent around 80 percent of the PC industry landscape by 2027, according to Lenovo.

Artificial intelligence (AI) is influencing every industry, but perhaps none more so in 2024 than the PC.

This is evidenced by the latest quarterly report shared by Lenovo in which AI-powered devices accounted for significant growth in a number of the company’s areas of business.

In its Q2 2024/2025 report, Lenovo explained that it was able to achieve a 24 percent year-on-year revenue increase to $17.9 billion. This marks the fourth consecutive quarter of year-on-year revenue growth for the company, with AI-powered devices cited as a key reason for the upward trajectory continuing.

It added that net income also saw a significant jump, up 48 percent …