Lenovo Slides as Memory-Chip Cost Fears Overshadow RTX Spark Rollout

Lenovo stock fell 9.3% to EUR 3.65 amid memory price worries, even as it opened global pre-orders for Nvidia RTX Spark notebooks.

Lenovo's push into AI-ready hardware collided with a broad cost scare on Wednesday, as the PC maker's shares fell sharply while it simultaneously opened global pre-orders for notebooks built on Nvidia's RTX Spark platform.

The stock closed at EUR 3.65, a drop of 9.3%, after finishing the prior session at EUR 4.03. Market watchers tied the pullback to mounting anxiety across the hardware sector over rising component prices rather than to any company-specific setback.

Memory Prices Loom Over PC Makers

At the center of those worries are memory chips, a key input cost for computer manufacturers. According to media reports, research firm TrendForce expects noticeable price increases in the fourth quarter of 2026. Conventional DRAM components could climb by as much as 15%, while NAND memory may see hikes of up to 20%.

For PC producers, those components represent a significant cost driver in manufacturing. Should the forecasts prove accurate, sustained margin pressure could follow if the higher procurement costs cannot be passed on fully to customers through higher selling prices.

New Machines Target On-Device AI

Even as cost concerns weighed on sentiment, Lenovo moved ahead with its product offensive. The company launched worldwide pre-orders for its new notebooks featuring Nvidia's RTX Spark platform, including the Pro 9n and the Yoga 9n 2-in-1, both aimed squarely at demanding software development and creative work.

The Pro 9n, sold in China as the YOGA Pro 15 RTX Spark, runs on Nvidia's RTX Spark N1X. In its top configuration it pairs 20 Grace CPU cores with a Blackwell graphics unit featuring 6,144 cores and 128 gigabytes of unified memory. According to the company, that setup allows large language models with more than 100 billion parameters to run locally without a cloud connection. The flagship version ships with a pre-installed 35-billion-parameter model.

Deliveries for both the Pro 9n and the Yoga 9n 2-in-1 are scheduled to begin on October 16. With these systems, Lenovo squares off against Asus, Dell and HP, which are rolling out their own machines built on the Nvidia architecture at the same time.

Enterprise AI and a Las Vegas Return

Beyond the consumer launch, Lenovo is pressing forward with its enterprise infrastructure initiatives. In early October the company teamed up with Nvidia to introduce AI Express, an offering of pre-configured systems for deploying artificial intelligence inside businesses, with selected configurations promised for delivery within a window starting at 15 working days.

The group also has its sights set on next year. Lenovo announced that its Tech World conference will return as part of CES 2027, with the opening keynote set for January 6, 2027 at the Sphere venue in Las Vegas. There, the technology group intends to present its future hardware and software strategy for global markets, building on CEO Yuanqing Yang's push to advance a hybrid AI approach that links personal devices, enterprise systems and cloud infrastructure.

Despite Wednesday's decline, the shares remain up 255% over the course of the year. The deliveries starting in mid-October should now reveal how quickly the new premium devices translate into actual sales figures.