Shares of LENOVO GROUP (00992) have surged close to 5% once again. At the time of writing, the stock is up 4.83% to HK$25.6, with a turnover of HK$1.617 billion.

The positive movement follows recent market data. According to IDC's figures for the first quarter of 2026, Lenovo Group achieved a significant breakthrough in the global x86 server market. Measured by vendor revenue, the company's sales grew 36.5% year-over-year, propelling it to the second position globally. Its market share reached 8.8%, an increase of 2.5 percentage points from the previous year.

In the first quarter, the company's revenue demonstrated resilient growth against market trends, with a sequential quarterly increase of 10.9%. This performance indicates its server business is accelerating into a clear growth trajectory.

It is noteworthy that in the recently concluded fourth fiscal quarter, the Infrastructure Solutions Group (ISG) business, part of Lenovo's infrastructure solutions arm, achieved a new record high in revenue and successfully returned to profitability.

As demand for AI servers, liquid cooling infrastructure, and enterprise-level computing power continues to expand, Lenovo's server operations are transitioning from a previous investment phase into a new stage characterized by simultaneous scale expansion and profit improvement.

In the fourth fiscal quarter, Lenovo's AI server revenue continued to set new historical records. For the full fiscal year, AI server revenue achieved rapid growth of 50% compared to the prior year.