Odd Lots · Saturday, June 27, 2026
Lenovo's CFO, Winston Chang, stated that component shortages and demand challenges in the AI infrastructure build-out are likely to persist for two to three years. Beyond chips, he identified land, power, and transformers as critical bottlenecks, noting that optimizing locations for energy access, like in Saudi Arabia, is crucial. He also touched on the complexities of data center construction, even for non-hyperscalers, and the growing need for modular solutions.
“So really, from the perspective of that component shortage or demand driven challenge on the supply chain will continue probably for at least two to three years, but we know that the supply chain is starting to invest. But in terms of some of the memory specific areas, it does take almost two to three years for a new fact to come online.”
“So we really need to optimize where specifically the power is around the world, rather than just saying, hey, everything has to be generated within an area and that area doesn't even have power. So I think we really need to be able to do that put the global resources together.”
“So today the customers can hyperscallet can actually come to Lenovo with a plan to say I have a plan to have this site. So people who are not even hyperscalus, people who are land owners and they have power in specific areas, they come to Lenovo and they said, help me build the data center.”