SEHK:992Tech
Lenovo Reshapes Infrastructure Group For AI As Shares Trade Below Targets
Lenovo Group (SEHK:992) is restructuring its Infrastructure Solutions Group to place greater emphasis on AI driven offerings.
The company is expanding AI centric products and services while dealing with an industry wide crunch in memory chip supply.
Management is prioritizing cost savings and new AI enabled hardware and infrastructure solutions to adapt its operations and product mix.
For you as an investor, the key point is that Lenovo is reshaping a core infrastructure business around AI...