Reported 8 months ago
AMAX-KY (6933), a server and cabinet solution provider, anticipates a growth in revenue this year compared to last year due to a surge in AI demand. The company revealed that it has received significant RFQs recently, with projects expected to unfold gradually in the second half of the year, leading to better performance in the third quarter than the second quarter. Challenges faced in the previous year due to geopolitical issues, chip supply shortages, and delayed shipments have contributed to a 7.39% year-on-year revenue decrease in the first five months of this year. The company's Chairman, Ni Xiaoqing, highlighted the product revenue composition and projected a significant increase in the liquid cooling cabinet's share due to rising demand for liquid cooling. Despite the delayed release of the new B200 model, the company's collaboration with NVIDIA positions them well to secure components in advance.
Source: YAHOO