Shares of Lenovo surged over 15% on Friday, after the electronics giant posted strong revenue growth bolstered by its artificial intelligence business.

Shares of Lenovo surged over 15% on Friday, after the electronics giant posted strong revenue growth bolstered by its artificial intelligence business.

Lenovo reported $21.6bn in Q4 revenue, beating estimates by $2.2bn, on a 26% PC rebound and 84% AI revenue growth. Shares rose 15% in Hong Kong.