Lenovo reports Q3 revenue up 18% YoY to $22.2B on strong PC sales ahead of expected memory price hikes and rising AI server demand; net income fell 21% to $546M (Bloomberg)

Bloomberg:
Lenovo reports Q3 revenue up 18% YoY to $22.2B on strong PC sales ahead of expected memory price hikes and rising AI server demand; net income fell 21% to $546M  —  Lenovo Group Ltd. reported a 21% decline in net income over the December quarter, despite a better-than-expected rise in revenue to $22.2 billion.

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