Supply chain: AI server industry sales will "double" in 2024

CTOnews.com August 31, according to the Taiwan media "ETtoday" reported that Nvidia GPU supply chain Yunda Technology expects that by 2024, AI server industry sales will double, as companies gradually integrate AI into operations and services, this industry demand "will continue for a longer time."

Yang Qinghua, president of Yunda Technology, said in an interview with Taiwan media that AI's prosperity "will actually continue, and you will see its growth getting stronger and stronger in the next few years."

▲ Touyuan Yunda Technology Chip Chart Yang Qinghua claimed that industry component suppliers are working together to increase production capacity to help alleviate the persistent shortage of Nvidia AI chips. Nvidia currently "does not promise to meet all customer needs by next year", the chip gap is still large, and Yunda Technology will help Nvidia solve the current shortage of the supply chain.

Yang Qinghua also said that Yunda Technology generates billions of dollars in revenue each year, and AI servers account for 65% of its total sales. (CTOnews.com Note: Yunda Technology makes chips from Nvidia, Intel, Google and other manufacturers, not just Nvidia.)

It is reported that Yunda Technology is currently in direct competition with Foxconn, and global shipments of AI servers are expected to grow at a compound annual growth rate of 29% between 2022 and 2026, according to research firm TrendForce. In the face of the current AI tide, the supply chain can also directly benefit from it.