CICC: lenovo group's AI Now hits the market, maintaining an "outperform industry" rating.
CICC released research reports, maintaining Lenovo Group (00992) profit forecast unchanged. The current stock price corresponds to FY25/FY26 14.1/10.3 times P/E, maintaining the "outperform industry" rating and a target price of 12.6 Hong Kong dollars, corresponding to FY25/FY26 16.2/11.8 times P/E. It is reported that Lenovo Group held an innovative technology conference themed "Smarter AI for all" in Seattle, USA on October 15, showcasing AINow, liquid-cooled servers, and the advantages of hybrid artificial intelligence with nvidia, AMD, Intel, and many other artificial intelligence companies.
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Express News | In 2024 Q2, the global server market output reached $45.422 billion, a year-on-year increase of 35%.