Xin Lang Cai Jing·2025-12-17 23:37Core Viewpoint - The report from CITIC Securities suggests that 2025 will be the "explosion year" for server liquid cooling, with new solutions benefiting domestic manufacturers [1] Group 1: Market Trends - The market anticipates a significant shipment of GB300 cabinets in Q4, marking a critical time for the ramp-up of liquid cooling components [1] - Previously, liquid cooling component manufacturers for GB200 servers were primarily concentrated in Taiwanese companies such as AVC, Coolermaster, and Delta, but participation from mainland manufacturers in GB300 has significantly increased [1] Group 2: Industry Dynamics - Some Taiwanese companies are now focusing on mainland manufacturers, with liquid cooling component suppliers actively submitting samples, which is favorable for the domestic liquid cooling industry chain [1]