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...server was “strong”....
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...The company expects to benefit from a surge in demand for the servers and data centres needed to power new artificial intelligence technologies....
...We think this provider of server and storage solutions will be a beneficiary of AI-driven demand growth (>50% of revenues now tied to accelerators like GPUs)....
...The environmental impact of data centres — huge facilities that hold the servers that create the online storage for the data of millions — has become a growing issue around the world....
...He predicts this market will grow to be worth $12.3bn by 2027 as AI-related demand spirals....
...The company, best known for being Apple’s top contract manufacturer, also reported an optimistic outlook based on an expected rise in demand for the server and data centre equipment needed for running emerging...
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...“The explosive demand for AI servers will continue in 2024, but the prospects of consumer electronics goods — a key pillar of the tech industry — will depend on continued market uncertainties,” Foxconn Chairman...
...The thirst for power and water of the server farms needed to run generative AI is even more intense....
...Growing demand for this type of server, which is much higher in value than traditional data servers, has created a new opportunity for companies to tackle the issue of excess heat....
...AMD chief executive Lisa Su said demand for AI chips was accelerating during an “incredibly exciting time as AI re-shapes virtually every part of the computing market”....
...The processors that power AI servers were expected to account for more than 20 per cent of its revenue by 2028, up from under 15 per cent this year, TSMC said....
...capacity and future demand for on-device AI....
...Its 300 centres consume 20 per cent of all electricity demand in the state....
...One of the most visible examples of the rise in electricity demand is “data centre alley” in northern Virginia, home of the world’s largest concentration of internet servers....
...Northern Virginia’s “data centre alley” is home to the world’s largest concentration of internet servers....
...Previous investor demand may not have been high. Last year he purchased a quarter of the bonds issued himself....
...Dram chips are used in smartphones, PCs and servers, while Nand flash memory chips are used to store data. HSBC forecast a “huge earnings recovery” for Samsung this year on a “demand-driven upcycle”....
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