数据中心市场洞察- ODM Direct原始设计制造商直供-Hardware Technology-Datacenter Market Insights, Part 2

Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the Datacenter Market within the Hardware Technology sector, specifically regarding ODM (Original Design Manufacturer) Direct server shipments in the Asia Pacific region. Core Insights 1. ODM Shipments Growth: In 2Q25, ODM shipments increased by 3% quarter-over-quarter (q/q) and 10% q/q in value, driven by a growing mix of AI servers [1][2] 2. Server Shipment Statistics: Global ODM direct server shipments reached 1.91 million units in 2Q25, reflecting a 3% q/q and 46% year-over-year (y/y) growth. This accounted for 45.4% of total global server shipments [2] 3. Market Share Dynamics: - Wiwynn led the ODMs with a 23.7% market share, followed closely by Quanta at 23.2% and Inventec at 19.8%. - AMD regained market share to 44.2%, while Intel saw a decline to 38.1% [2][10] 4. Regional Performance: Central & Eastern Europe exhibited the highest growth in shipment units at 105% y/y, with the US following at 64% y/y. The US remains the largest market, accounting for 76% of aggregate ODM direct shipments [3][10] Financial Metrics 1. Aggregate ODM Direct Server Shipment Value: The total shipment value was US$65.4 billion, marking a 10% q/q and 201% y/y increase, primarily due to AI servers [2] 2. Price Trends: The average selling price (ASP) of ODM servers increased by 7% q/q in 2Q25, attributed to improved yields and increased GB200 shipments [4] Company Preferences - The report expresses a preference for specific ODM companies, highlighting Hon Hai/FII, Wistron, and Quanta as favorable investment opportunities [1][4] Additional Insights 1. AI Server Demand: The demand for AI servers continues to be a significant driver of growth in the ODM sector, contributing to the overall increase in shipment value [2][4] 2. Market Challenges: The report notes uncertainties around tariff implementations that could impact future growth, yet strong demand from cloud services has supported unit share gains for key players [4] Conclusion - The conference call provides a comprehensive overview of the ODM direct server market, highlighting growth trends, competitive dynamics, and financial metrics that indicate a robust demand for AI servers and a favorable outlook for selected ODM companies in the Asia Pacific region.