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2026-09-28 11:55:14 CLSA published a research report stating that Akamai Technologies, Inc. (AKAM.US) recently announced a seven-year cooperation agreement with AI company Anthropic, and disclosed that it has signed a supply agreement with LENOVO GROUP (00992.HK). LENOVO GROUP (00992.HK) will provide hardware, software and related services to Akamai. The master agreement has a term of three years, while the first Statement of Work (SoW) will last seven years, matching the duration of the cooperation between Akamai and Anthropic, reflecting that Lenovo's ISG business is securing long-term cooperation opportunities with various new AI clients. Akamai did not disclose the amount involved in the cooperation agreement with LENOVO GROUP (00992.HK). Meanwhile, the cooperation between Akamai and Anthropic amounts to USD11.6 billion, with the potential total rising to about USD20 billion, and capital expenditure of about USD5.5 billion is expected to fulfill the contract. The broker noted that procurement from Lenovo and Jabil will come from this budget, and expects the seven-year SoW to provide revenue visibility over the long term. It believes LENOVO GROUP (00992.HK) will directly benefit from Akamai's AI development supported by Anthropic's commitment and related capital expenditure. CLSA reiterated LENOVO GROUP (00992.HK) as its top China tech stock pick, maintaining its Outperform rating with a TP of HKD48.7. (gc/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |