Reported 9 months ago
Peng Weilin/Taipei reported on June 26, 2024, at 4:10 PM that Huida GB200 AI servers require a liquid cooling system due to high power consumption, leading to increased attention on Double-H (3324). Double-H has already entered the liquid cooling supply chain of a US CSP factory, with analysts estimating a 30% revenue growth in the second quarter and recommending a buy rating. Double-H's May revenue reached NT$1.376 billion, a 55.1% yearly increase and a new high in monthly revenue for the same period in history, mainly due to strong shipments of AI server liquid cooling boards. Demand for liquid cooling will surge in the second half, with its revenue proportion gradually increasing, leading to strengthened quarterly operations, with the fourth quarter being the peak of the year. Analysts project that Double-H's liquid cooling revenue for the year will reach NT$3 billion, accounting for 18% of total revenue.
Source: YAHOO