PC makers rise after China's Lenovo posts upbeat Q1 revenue
13/08/2026 10:34
BUZZ-PC makers rise after China's Lenovo posts upbeat Q1 revenue ** Dell Technologies' DELL.N shares rise 4.6% to $506.6 premarket, while HP Inc HPQ.N up 1.3% at $29.65
** China's Lenovo Group 0992.HK posts a 43% jump in Q1 revenue and beat Wall Street estimates, as the consumer electronics hardware giant benefited from AI-driven demand and solid PC sales
** Lenovo's record rev of $26.94 bln for the quarter ended June 30 beat analysts' estimate of $22.3 bln - data compiled by LSEG
** As of Wednesday's close, DELL nearly quadrupled and HPQ up ~31% this year
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))
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