Lenovo AI revenue reaches $9.3B

Lenovo reported $9.3 billion of AI-related revenue in its latest quarter, up 60% year over year, while its AI-server pipeline jumped 157% quarter over quarter to $54 billion. In its Q1 FY2026/27 financial release, Lenovo says the AI figure includes NPU PCs and smartphones, GPU servers, and AI services, making it a broad operating measure rather than pure accelerator sales; infrastructure revenue itself nearly doubled to $8.5 billion. For operators, the SK hynix HBM plant is the supply-side counterpart: AI demand is reaching systems vendors’ books, but treat pipeline as a lead indicator until orders convert into revenue.