今天异常火热的液冷和昇腾链

Group 1 - The liquid cooling sector continues to show strength, with leading company Invec achieving a limit-up despite a general market downturn, driven by unexpected overseas orders and ByteDance's capital expenditure information, indicating a potential explosion in the domestic liquid cooling market starting next year [1][2] - Domestic super nodes primarily utilize liquid cooling, with most being cold plate liquid cooling systems, while the supply landscape differs significantly from North America, where suppliers are mainly Taiwanese and American, whereas domestic suppliers are predominantly local [2] - Concerns regarding profitability in the domestic liquid cooling market stem from comparisons with the energy storage liquid cooling market, but the adaptation cycle for data center liquid cooling is significantly longer, allowing for better margins, with capable manufacturers achieving around 25% gross margins [3] Group 2 - The domestic market for the Ascend chain is expected to see substantial orders, with one major client reportedly exceeding 50 billion in orders for the year, although this figure seems inflated compared to previous estimates [4] - The market is focused on a specific high-speed connector supplier related to the Ascend chain, with projections indicating a net profit exceeding 1 billion next year, suggesting strong growth potential [4] - Recent data on NV and Google supply chains has been compiled, highlighting various companies and their product offerings, market shares, and expected orders for 2026, indicating a robust outlook for the sector [7][9]