Summary of Key Points from the Conference Call Industry Overview - The conference call primarily discusses the datacenter market and global server shipments in the hardware technology sector, particularly focusing on the Asia Pacific region [13][14]. Core Insights and Arguments - Global Server Shipments: In 3Q24, global server shipments totaled 3.7 million units, reflecting a 1% quarter-over-quarter (q/q) increase and a 19% year-over-year (y/y) increase [13]. - AI Server Demand: AI server shipments continued to ramp up, with Super Micro reporting an 8% q/q increase in shipments, attributed to improved GPU supply [13]. The average selling price (ASP) for AI servers fell by 1% q/q to US19.5k∗∗duetolowerH100pricing[13].−∗∗GeneralComputeServerDemand∗∗:Generalcomputeserverdemandisexpectedtoremainstable,withODMsanticipating∗∗mid−single−digit(MSD)y/ygrowth∗∗forcloudcustomersinCY25[14].−∗∗High−EndServerPerformance∗∗:High−endservershipmentsgrew∗∗18021.6k, likely due to a higher contribution from AI servers [39]. - Future Expectations: The GB200 server racks are expected to ramp up significantly from mid-February 2025, with projections of 500 racks in 4Q24, ~2,000 racks in 1Q25, and 5,000-10,000 racks in 2Q25 [36]. Conclusion - The datacenter market is experiencing robust growth driven by AI and general compute server demand, with significant opportunities for investment in key ODMs as they regain market share and adapt to evolving technology needs.
