AI Server Industry Analysis－2Q26

Last Modified

2026-07-03

Update Frequency

Aperiodically

Format

PDF

AI chip demand surges in 2026, with high-end GPUs dominating. NVIDIA leads, ASICs gain share, liquid cooling expands, and AI server value hits record highs.

Key Highlights

Market Scale: AI server shipments approach 2.8M units in 2026, with YoY growth near 30.5%; total server output value exceeds 624B USD, with AI servers accounting for over 74%.
Chip Dynamics: NVIDIA raises its high-end GPU target on strong Blackwell demand; AMD trims estimates as MI450 ramp delays; Google TPU and China's Huawei and Cambricon post solid growth.
Liquid Cooling: High-end AI chip liquid cooling penetration rises from 41% in 2025 to 65%; overall AI chip rate reaches 53%, driven by NVIDIA and Google ASIC platforms.
HBM Supply: HBM demand more than doubles in 2026; HBM3e dominates while HBM4 ramp delays; SK Hynix retains top supplier position, with 2027 pricing expected to surge sharply.

Analysis of the Market for Mainstream AI Chips
- Overview of the World’s Major AI Chip Suppliers and Their Offerings
- High-End AI Chips Projected to Remain the Dominant Shipment Share in 2026
Analysis on Dynamics of AI Server Market
Dynamics of Global Market for AI Servers
- AI Server Shipment to Continue Climbing YoY in 2026
Analysis of AI Server Shipments by Major AI Chip Category
- Market Share of Products Featuring ASICs to Return to Growth in 2026
Projected Changes to Distribution of Major AI Server Suppliers
- Ratio of Others among CSPs' ASICs Set for Shift in 2026
Trends in the AI Server Cooling Market
- Overall Penetration Rate of Liquid-Cooling among AI Chips to Continue Rising in 2026
Outlook on AI Enterprise Market
Projections on Demand for AI Servers and HBM
- Demand Bit for HBM from AI to Continue to Rise throughout 2026
- Analysis on Supply of HBM for AI Servers
- Projected Changes to Prices of HBM Mostly Adopted by AI Servers
Key Observations on Dynamics of AI Server Industry
- Projected Distribution of Demand for TSMC’s CoWoS Capacity among Major Clients