Huatai Securities: AI server test power supplies may usher in domestic substitution opportunities
A report from Huatai Securities suggests that the expansion of AI data centers is driving an upgrade in power supply architectures, creating opportunities for domestic test power supply manufacturers. As data center power systems evolve and cabinet power levels increase, the demand for test power supplies is expected to rise in both volume and value. Chinese manufacturers are well-positioned to capitalize on this trend due to their technological expertise and the push for domestic alternatives. AI
IMPACT Analysis suggests AI infrastructure build-out will drive demand for specialized power supply components, benefiting domestic manufacturers.