Lenovo reported that PC sales grew only 3 percent in the most recent quarter, but the company now sees double-digit growth in the year ahead.

Lenovo posted a 24 per cent revenue rise in its fiscal second quarter from a year earlier, spurred partly by sales growth for computers that can handle artificial intelligence workloads as the global personal computer industry showed signs of recovery.

On Thursday, Chinese PC company Lenovo Group Ltd (OTC: LNVGY) reported a fiscal second-quarter revenue growth of 24% year-on-year to $17.85 billion, beating the analyst consensus estimate of $16.34 billion.

The PC maker’s earnings grew faster than expected, as Lenovo began to reap benefits from its bets on artificial intelligence.

Lenovo Group Ltd posted a 24% rise in revenue in its fiscal second quarter from a year earlier, as the global personal computer industry showed signs of recovery. The Chinese technology company reported revenue of $17.