Workflow
鸿海换股结盟东元,高盛看好前者AI营收明年翻倍!
Hua Er Jie Jian Wen·2025-07-31 12:07

Group 1 - The core viewpoint of the article highlights the strategic partnership between Hon Hai and TECO, aimed at enhancing their competitiveness in the AI server market, with optimistic growth projections from major financial institutions like Goldman Sachs and Morgan Stanley [1][2][3] - Goldman Sachs predicts that Hon Hai's AI server revenue will grow by 110% and 59% year-on-year in 2025 and 2026, respectively, with revenue scaling from NT$1.7 trillion in 2025 to NT$2.6 trillion in 2026 [3] - The collaboration will allow Hon Hai to leverage its strengths in AI server components and assembly, combined with TECO's expertise in electromechanical engineering, to provide standardized and modular data center solutions [2][3] Group 2 - The AI server market is expected to see significant growth, with general server shipments projected to increase by 9% and 2% in 2025 and 2026, while AI training server shipments are expected to grow by 27% and 40% during the same period [2] - The share of AI servers in total revenue is anticipated to rise from 49% in 2024 to 54% in 2025 and 60% in 2026, indicating a strong shift towards AI-driven solutions [2][3] - The partnership is positioned to target a broader market, including regions such as Asia, the Middle East, and the United States, aligning with Hon Hai's strategy to expand its manufacturing presence in the U.S. [2]