According to Bloomberg, Lenovo Group is hoarding memory and other key components to cope with supply shortages caused by the AI boom. Lenovo CFO Zheng Xiaoming said in an interview with Bloomberg TV on Monday that Lenovo currently holds component inventories that are about 50% higher than usual. At present, as the world is frantically building AI data centers equipped with advanced hardware, companies are rushing to buy memory, which has pushed up the costs of consumer electronics manufacturers. However, Lenovo also sees opportunities and hopes to profit from its inventory advantage.
"Prices are rising very, very fast, and I think this kind of AI demand-driven increase is unprecedented." Zheng Xiaoming said. He added that the company has signed long-term contracts and has the advantage of scale. "Whoever controls the supply can occupy a place in the market."
Cheng said Lenovo will try to avoid passing on rising costs to customers this quarter as the company hopes to maintain strong sales growth this year. He said that Lenovo will achieve a balance between product price and supply in 2026.
Lenovo said last week it has enough memory chips to meet demand through 2026 and is better positioned than rivals to deal with any supply shortages.