nftgamingblockchain| Morgan Stanley: Upgrade Lenovo Group's rating to overweight target price to HK$15

Morgan Stanley released a research report saying that Lenovo Group (00992) has always been an undervalued enterprisenftgamingblockchainstock, but with artificial intelligence computers (AI

The rise of PC), the growth of artificial intelligence computers and artificial intelligence servers will support Lenovo's reassessment. Morgan Stanley lists Lenovo as its preferred stock and raises its target price by 64nftgamingblockchain.8%, from HK$9.1 to HK$15, and the rating was upgraded from "in sync with the market" to "overweight".

Morgan Stanley believes that artificial intelligence computers will start to increase sharply in the second half of this year. It is expected that the popularity of notebook computers above US$1000 will start from popularity and will eventually drop to the price range of US$500. Morgan Stanley believes that artificial intelligence computers will help drive average selling prices growth and provide personal computer manufacturers (PC

OEM) brings higher profits. Morgan Stanley expects that Lenovo's share of artificial intelligence computer revenue will increase from 2% in 2024 to 53% in 2028, the highest among global personal computer OEMs, and Lenovo will be the main beneficiary in Asia.