Tuesday, October 15, 2024

Tech Giants Fuel AI Server Boom, Contributing 30% to Global Server Market Revenue

To meet the skyrocketing progression and demand of AI systems, AI servers have taken over the global server market as one-third of the total servers' shareholders.

The biggest surge in the demand for AI servers happened in the second quarter of 2024, with an increase of 35% due to high demand. Companies like Dell, HPE and Supermicro are the three biggest contributors to AI server utilization. Similarly, Microsoft Meta and Microsoft also contribute to the dominance of AI servers in the global server market.

According to CPR's annual report, a great linear trend was seen following the release of ChatGPT in 2022. The reason for this rapid increase was the GenAI boom. With a 35% increase in demand from prior to the year 2024, the revenue for Global Servers in the second quarter of 2024 was $45,422 million, as the AI servers contributed to 30% of this total revenue generation.

To shed light on the massive growth of AI servers, the annual revenue in the second quarter of 2023 was around $25,000 million, and in almost one year, it reached $ 45,422 million and still rising.

ODM, which is a server manufacturing server provider commissioned by the Big Four, Amazon, Meta, Google and Microsoft, is the biggest AI server contributor and results for 44% of the total AI servers.



Read next: ChatGPT Improves Passenger Experience in Autonomous Vehicles, Purdue Study Finds
by Ahmed Naeem via Digital Information World

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