Exclusive: Apple Supplier Behind Supercomputer Donated To OpenAI Predicts AI Server Sales Tripling To $31B Next Year (CORRECTED)
Portfolio Pulse from Rounak Jain
Apple supplier Hon Hai Precision's subsidiary, Ingrasys, predicts its AI server sales will triple to over $31 billion next year, driven by the growing demand for AI solutions. This comes amid Nvidia's CEO Jensen Huang's prediction of a significant increase in data center spending. Ingrasys, which manufactured Nvidia's DGX-1 supercomputer donated to OpenAI, sees this as just the beginning of AI growth.
June 05, 2024 | 10:11 am
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Apple supplier Hon Hai Precision's subsidiary, Ingrasys, predicts a significant increase in AI server sales, which could positively impact Apple's supply chain and overall business.
As a key supplier to Apple, Ingrasys's growth in AI server sales could enhance Apple's supply chain efficiency and product offerings, potentially boosting Apple's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Hon Hai Precision's subsidiary, Ingrasys, expects its AI server revenue to surge over three times next year, driven by increasing demand for AI solutions.
Ingrasys's optimistic revenue forecast indicates strong growth potential for Hon Hai Precision, likely leading to a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Microsoft, which backs OpenAI, could benefit from the increased AI server capabilities provided by Ingrasys, enhancing its AI-driven services.
As a backer of OpenAI, Microsoft stands to gain from the enhanced AI server capabilities provided by Ingrasys, potentially improving its AI-driven services and positively impacting its stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Nvidia's new AI super chip, GB200, is expected to drive the next wave of AI innovation, contributing to Ingrasys's optimistic revenue forecast.
Nvidia's GB200 chip is a key factor in the anticipated growth of AI server sales for Ingrasys, indicating strong demand for Nvidia's products and a positive impact on its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70