Zheng Quan Shi Bao Wang·2025-08-05 23:45Core Viewpoint - The report from Huatai Securities emphasizes the potential growth in the data center hardware sector, driven by increasing demand for computing power, similar to the early development of the lithium battery equipment sector in the electric vehicle industry [1] Group 1: Market Trends - The market is currently focusing on the demand for computing power due to advancements in AI, which is expected to boost the hardware requirements for data centers [1] - The report suggests that the data center hardware sector should be viewed through the lens of the rapid growth experienced in the lithium battery equipment sector during the early penetration and sales increase of electric vehicles [1] Group 2: Investment Opportunities - The report identifies several hardware segments within the data center sector that present investment opportunities, including diesel generator sets, server power supplies, UPS, HVDC, BBU, supercapacitors, and power quality management systems [1] - Additional components such as lead-acid batteries, relays, and fuses are also highlighted as essential parts of the supporting infrastructure for data centers [1]