bonifacebingo| Hony Faraway Fund: The memory chip market is expected to see both volume and price increases

Computing power as the core driving force of digital economyBonifacebingoIts growing importance, especially the growth of AI computing power, not only promotes the demand for high-performance computing devices, but also puts forward higher requirements for hardware such as storage and PCB. Chen Xianghui, a researcher in the TMT industry of Hony remote Fund, said that with the rapid development of artificial intelligence technology, especially the rise of large AI models such as ChatGPT, the market demand for computing power will increase day by day.

According to Chen Xianghui, a far-away fund from Hony, according to IDC, the global AI computing market will grow from 195 in 2022.Bonifacebingo0 billion US dollars to 346 in 2026Bonifacebingo60 billion US dollars; the scale of China's intelligent computing power has increased by 41.4% compared with last year, accounting for 22.8%, exceeding the overall global intelligent computing power growth rate (25.7%).

"AI servers require eight times as much DRAM and three times as much NAND as ordinary servers. With the increase of AI server shipments, the memory chip market will usher in a simultaneous rise in volume and price. " Hony far Fund Chen Xianghui pointed out that high-bandwidth memory (HBM) technology is widely used in AI servers because of its high-speed data transmission capability. It is expected that the market scale of HBM technology will continue to grow in the next few years. The integrated storage and computing technology effectively improves the data efficiency and solves the bottleneck problem in the traditional von Neumann architecture by embedding computing power in the memory. Under the pull of AI computing power, the storage industry will usher in a new growth cycle. Through technological innovation, domestic storage enterprises are expected to occupy a place in the global market.

Chen Xianghui, a remote fund from Hony, said that the high-speed computing demand of AI servers has driven PCB to develop in the direction of high density and small aperture. The number of layers of the server PCB increases, and the requirements for materials and craftsmanship are higher. With the upgrade of PCIe technology, the difficulty of material and process of server PCB increases, and the amount of value increases. The transmission rate of PCIe5.0 reaches 36Gbps, and the number of PCB layers is required to reach more than 18. The technological upgrading and product innovation of the PCB industry provide a new growth point for enterprises. Through technological breakthroughs, domestic PCB manufacturers are gradually moving towards high-end products, and are expected to gain more share in the server market.

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