Industrial Fii hit the daily limit on Friday, Huida delivered the first DGX H200 to OpenAI, Hon Hai Group benefited | Anue Juheng

Fii (601138-CN), a subsidiary of Hon Hai Group (2317-TW), hit the daily limit on Friday (26th). Fii benefited from AI servers. Its customers include Huida (NVDA-US) and Microsoft (MSFT-US). , Google (GOOGL-US), Amazon (AMZN-US) and other global Internet giants.

This week, Huida handed over the world’s first DGX H200 to OpenAI. According to reports, the DGX H200 uses the NVLink Switch customized by Huida and OEMed by Hon Hai Group to provide the largest throughput for the largest workloads, and also benefited Hon Hai. The biggest benefit. Fii, as the leader in AI servers, is recognized by the market as the overall leader in this round of AI trends.

According to CITIC Securities’ estimates, Fii’s market share among Amazon’s server suppliers is over 50%, and it is conservatively estimated that Fii’s market share among Microsoft’s server suppliers can reach 30%.

CITIC Construction Investment’s research report believes that the global AI server market will maintain rapid growth in the next three years, with market sizes of US$39.5, 89.0, and 160.1 billion respectively, with corresponding growth rates of 96%, 125%, and 80%.

According to the report, judging from last year’s full-year data, with the development of AI, the proportion of Fii cloud service provider products has rapidly increased to nearly 50%, and the proportion of Fii AI servers in cloud computing business revenue has increased to about 30%. . Benefiting from this, during the reporting period, Fii’s cloud computing gross profit margin was 5.08%, an increase of 1.12 percentage points from the previous year. This is the first time since its listing in 2018 that the annual gross profit margin of this segment has exceeded 5%.

Fii’s other profit indicators also showed a positive trend. Specifically, net profit attributable to shareholders of listed companies increased by 4.82% year-on-year to 21.04 billion yuan, non-net profit after deducting non-net profits increased by 9.77% to 20.21 billion yuan, and gross profit margin increased for the first time. It exceeded 8%, setting a new high since listing.

The cooperation between Fidelity and Huida has attracted special attention from the market. The cooperation between the two parties can be traced back to the launch of the world’s first AI server HGX1 in 2017.

Today, Fii Industrial not only exclusively supplies A100 and H100 boards to Huida, but is also the exclusive design, production and delivery supplier of Huida’s latest GPU HPC platform. In addition, Fii Industrial is also the largest supplier of Huida AI server chip substrates, accounting for more than 50% of the market share.