In response to recent market concerns over an oversupply of AI computing power, Abulikemu-Abulimiti (Amu), Vice President of LENOVO GROUP (00992.HK) and Chief Strategy Officer of Lenovo China, said that whether in China or overseas markets, demand for AI computing power still has substantial room for growth in the long run, and there is no oversupply situation, China Business Network reported.

He opined that the number of mature leading AI products on the consumer side (C-end) is limited at the moment, while the commercialization potential for enterprise-focused (B-end) applications has yet to be fully unleashed. Historically, growth dividends from productivity revolutions have been driven by the industrial sector, suggesting enormous long-term demand for computing power. In addition, the current AI industry chain faces issues including excessively strong pricing power on the supply side and an imbalance in the supply-demand cycle.
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AASTOCKS Financial News
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