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Foxconn Projected to Become Worlds Largest Server Vendor by Omdia
📅 - Foxconn's ODM direct business will see exponential growth in 2024, taking the top rank in Omdia's estimate of the worldwide server industry, driven by the enormous demand for AI-optimized servers from major US cloud providers. Foxconn will become the first non-US business to top the server market rankings, surpassing Dell, which took the lead from HPE in 2018.
"The four largest cloud providers - Microsoft, Amazon, Google, and Meta - will comprise nearly half of 2024's data center capex, amplifying their influence on the competitive server market," said Vlad Galabov, Senior Director at Omdia. NVIDIA-aligned manufacturers are prospering as AI application development and deployment take [...][... Check source for end of article ...]
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