Wistron GB200 cabinet shipments will increase in the next quarter, driving overall operational growth
Nov 23,2024
Wistron (3231), a major contract manufacturer, held a press conference yesterday (22) to announce that the issue of AI server shipments has been on the rise recently. Wistron General Manager Lin Jianxun stated that GB200 cabinets have been shipped in the fourth quarter, and with the increase in GB200 cabinets and computing boards in the first quarter of next year, AI related revenue will continue to rise. The demand for AI and servers will be hot next year, and their proportion will further exceed 50% from the current over 40%. Overall operations will continue to grow.
Wistron Chairman Lin Xianming pointed out that the revenue in the first three quarters has reached NT $752 billion, and this year's revenue will have a considerable growth compared to last year. Among them, AI products have made a significant contribution, and Wistron's gross profit margin and profit margin have been continuously improving in recent years, ranking among the top in the industry. This is precisely the comprehensive effect brought about by the R&D investment in the past few years.
Lin Jianxun pointed out that the net profit per share for the first three quarters of this year has exceeded that of last year. He is also optimistic about the operation in the fourth quarter, and the gross profit margin will be better than that in the third quarter. He can deliver a good performance report for the whole year and is confident in next year's operation.
In terms of AI and server products, Lin Jianxun stated that the proportion of related revenue has exceeded 40% this year, and AI related revenue will grow quarter by quarter next year, maintaining this year's "triple digit" percentage growth rate for the whole year, with continued strong momentum.
In terms of GB200 products, Lin Jianxun pointed out that next year, shipments of cabinets and computing boards will see significant growth. Cabinets, due to their high unit price, will contribute significantly to performance. Although the gross profit margin of cabinets is lower than that of components, we believe that profits can achieve reasonable growth. Cabinet products are mainly shipped to enterprise level customers.
Lin Jianxun also said that Wistron will not be absent in the layout of AI server products at all levels. In addition to the established high-end products, Wistron has also begun to enter the middle and low-end AI products.
Wistron has also made new achievements on its general servers. Lin Jianxun said that it has obtained some customer orders and increased its market share. Next year, the growth rate of general server shipments will be better than the overall market; He also revealed that Wistron has won the world's largest contract for manufacturing Netcom factories, and the related revenue will grow exponentially next year. He has great confidence in the high growth of Netcom business in the coming years.
Wistron Chairman Lin Xianming pointed out that the revenue in the first three quarters has reached NT $752 billion, and this year's revenue will have a considerable growth compared to last year. Among them, AI products have made a significant contribution, and Wistron's gross profit margin and profit margin have been continuously improving in recent years, ranking among the top in the industry. This is precisely the comprehensive effect brought about by the R&D investment in the past few years.
Lin Jianxun pointed out that the net profit per share for the first three quarters of this year has exceeded that of last year. He is also optimistic about the operation in the fourth quarter, and the gross profit margin will be better than that in the third quarter. He can deliver a good performance report for the whole year and is confident in next year's operation.
In terms of AI and server products, Lin Jianxun stated that the proportion of related revenue has exceeded 40% this year, and AI related revenue will grow quarter by quarter next year, maintaining this year's "triple digit" percentage growth rate for the whole year, with continued strong momentum.
In terms of GB200 products, Lin Jianxun pointed out that next year, shipments of cabinets and computing boards will see significant growth. Cabinets, due to their high unit price, will contribute significantly to performance. Although the gross profit margin of cabinets is lower than that of components, we believe that profits can achieve reasonable growth. Cabinet products are mainly shipped to enterprise level customers.
Lin Jianxun also said that Wistron will not be absent in the layout of AI server products at all levels. In addition to the established high-end products, Wistron has also begun to enter the middle and low-end AI products.
Wistron has also made new achievements on its general servers. Lin Jianxun said that it has obtained some customer orders and increased its market share. Next year, the growth rate of general server shipments will be better than the overall market; He also revealed that Wistron has won the world's largest contract for manufacturing Netcom factories, and the related revenue will grow exponentially next year. He has great confidence in the high growth of Netcom business in the coming years.