科技硬件_散热：AI 服务器关键；持续演进、创新与定制化_ Cooling_ critical for AI server; ongoing evolution_innovation, more customization

Accessible version Greater China Tech Hardware Cooling: critical for AI server; ongoing evolution/innovation, more customization Price Objective Change Cooling: critical/evolving for AI; few high-end suppliers Cooling in AI server rack is critical with hotter AI chips under packed rack design. We expect growing cooling content value, rising TDP, and more innovative/customized designs. TDP for Nvidia Rubin Ultra GPU should exceed 3.5KW, vs. Rubin's 2.3KW and B200/B300's over 1KW (Exhibit 5). Few cooling supp ...