FII(601138) -·2024-07-03 06:57Financial Data and Key Metrics Changes - The AI server market demand has significantly increased, with global GPU server shipments expected to reach 1.6 million units in 2023, representing a year-on-year growth of approximately 33% [1][2] - Major North American clients, including Amazon, Google, and Microsoft, are projected to have demand growth rates between 20% and 30% [1][2] Business Line Data and Key Metrics Changes - The GB200 orders are primarily scheduled for delivery in September and the fourth quarter, involving several sample cabinets [3][4] - The pricing for the 36-card configuration of the GB200 is approximately 1.7 million [3][4] Market Data and Key Metrics Changes - The demand for data center cabinets globally is expected to reach between 50,000 and 60,000 units in 2024, with Foxconn anticipated to capture a significant share [1][10] - Foxconn plans to deliver 12,000 cabinets next year, totaling approximately 14,400 cabinets [10] Company Strategy and Development Direction - The demand for high-performance computing resources is expected to continue growing due to advancements in large models and multimodal technologies, with emerging market demands from national supercomputing centers and military defense [1][16] - ODM manufacturers are likely to see growth as they adapt to the increasing demand for AI servers and related technologies [16] Management's Comments on Operating Environment and Future Outlook - Management noted that the AI server market is experiencing robust growth, with significant contributions from major clients like Amazon and ByteDance [2][3] - There is a potential risk of price wars in the GB200 server market as demand increases, which could lead to reduced profit margins [18] Other Important Information - The liquid cooling systems require customization based on the data center environment and CTO standards, with ByteDance collaborating with Midea for specific adjustments [1][4] - The competitive landscape is shifting, with companies like Quanta and Foxconn gaining market share while others like Wistron are seeing declines [16] Q&A Session Summary Question: What is the current demand situation for AI servers? - The AI server market demand has significantly increased, with an expected growth of 33% this year [2] Question: Can you elaborate on Amazon and other major clients' demand for AI servers? - Amazon's overall demand is projected at 170,000 units, with NVIDIA supplying about 25% of that [2] Question: What specific information is available regarding GB200 orders? - GB200 orders are mainly for delivery in September and the fourth quarter, involving several sample cabinets [3] Question: How is the construction of high-density data centers in the U.S.? - The U.S. has built several high-density data centers capable of supporting significant power loads, indicating readiness for large-scale deployments [4] Question: What are the customization requirements for liquid cooling systems? - Liquid cooling systems require various customizations based on the data center environment and CTO standards [4] Question: What is the market share outlook for major ODM manufacturers? - Foxconn is expected to maintain a market share of around 25% to 30%, while Quanta is actively increasing its share [16]