Foxconn is expected to see the highest growth rate, with an estimated annual increase of about 5–7%. This growth includes significant orders such as Dell’s 16G platform, AWS Graviton 3 and 4, Google Genoa, and Microsoft Gen9.
For AI server orders, Foxconn has made notable inroads with Oracle and has also secured some AWS ASIC orders.
Inventec is projected to have the second-highest growth rate, with an estimated annual increase of about 0–3%.
While OEM orders are on a declining trend this year, CSP orders are supported by AWS Graviton 3 and 4, as well as Google Milan and Genoa orders, with Google Bergamo expected to start deployment in the second half of the year.
In addition to demand from North American CSPs, strong demand from Chinese customers like ByteDance is anticipated.
Inventec’s AI server shipments are expected to grow at a double-digit rate this year, accounting for about 10–15% of its total shipments.
Quanta Computer and Supermicro are expected to see their server shipments growth rates remain flat year-over-year.
Quanta’s uncertainties include a substantial reduction in general-purpose server orders from Meta in H1 and a decrease in demand for Intel platforms from Google, which has shifted its focus to AMD.
Quanta is expected to perform better in AI server shipments this year, mainly due to orders from US CSPs like Microsoft and AWS, with AI server shipment growth rates also reaching double digits.
Supermicro is focusing on AI server growth this year.
Serversc equipped with advanced AI training chips, like NVIDIA’s H series or AMD’s MI series, are expected to see significant shipment increasesq