Lenovo’s $26.9B quarter hints at AI’s next spending wave

Lenovo announced Q1 FY2026/27 quarterly revenue of $26.94 billion.  This turns out to be an increase of 43% compared to last year, beating analyst estimates. However, Gartner estimated that global spending on AI will reach $2.59 trillion by 2026, a 47% rise compared to last year. The larger context lies in what Lenovo’s results indicate...