Server Market Bulletin - Apr. 9, 2026

Last Modified

2026-04-09

Update Frequency

Biweekly

Format

PDF

AI server demand stays robust with GB leading H1; Rubin ramps in Q3. ASIC share dips slightly as GPU dominates. Component shortages cap general server growth. Liquid cooling competition intensifies.

Key Highlights

AI Server Outlook: Full-year shipments seen exceeding two million units; H1/H2 split more balanced than historical norms, led by GB series before Rubin ramps.
ASIC vs. GPU: Meta's in-house chip delays boost GPU demand; ASIC share revised slightly downward as GPU maintains over seventy percent share.
ODM Dynamics: Foxconn, Wistron, and Quanta benefit from CSP and Tier-2 demand growth, but component shortages remain the key swing factor for shipment targets.
Thermal Supply Chain: BOYD deepens penetration across top CSPs and enters OpenAI; Auras lags on cold plate certification for Rubin platform but holds moat via sole-source DIMM cold plate position.