CITIC Construction Investment released a research report saying that the new generation of chips has brought about iterative power supply architectures and cabinets that break the original pattern. The agency believes that mainland companies are expected to increase their share in the context of this round of Rubin series chip release and the gradual penetration of 800VDC. The current Nvidia inventory and performance guidelines all show that Rubin has entered the upward phase of mass production. It is estimated that Vera Rubin will ship 1/7/90,000 units in 26/27/28, and Vera Rubin Ultra will each ship 0.5/50,000 cabinets in 27/28, which will drive the 110kW cabinet power output. At the same time, 800VDC power supply gradually penetrated in this generation, and 800V Sidecar entered the fast track of growth in 27/28. CITIC Construction Investment estimates that Sidecar 26/27/28 had a market space of 8.5/136/103.5 billion yuan, close to the 100 billion market. Driving continued inflation in the overall power supply market and ASP.

CITIC Construction Investment released a research report saying that the new generation of chips has brought about iterative power supply architectures and cabinets that break the original pattern. The agency believes that mainland companies are expected to increase their share in the context of this round of Rubin series chip release and the gradual penetration of 800VDC. The current Nvidia inventory and performance guidelines all show that Rubin has entered the upward phase of mass production. It is estimated that Vera Rubin will ship 1/7/90,000 units in 26/27/28, and Vera Rubin Ultra will each ship 0.5/50,000 cabinets in 27/28, which will drive the 110kW cabinet power output. At the same time, 800VDC power supply gradually penetrated in this generation, and 800V Sidecar entered the fast track of growth in 27/28. CITIC Construction Investment estimates that Sidecar 26/27/28 had a market space of 8.5/136/103.5 billion yuan, close to the 100 billion market. Driving continued inflation in the overall power supply market and ASP.