JPMorgan Raises Server Shipment Forecasts Through 2027, Driven by AI Inference Growth

KuCoinFlash

Release Time:

META

----

Summary

JPMorgan raised its server shipment forecasts, citing AI inference as a key driver. On-chain data shows 22% growth expected in 2026 and 25% in 2027. Server CPU shipments could surge to 68 million by 2028, with certain altcoins showing potential amid rising hardware demand. PC shipments are projected to decline by 8% in 2026 due to memory costs. Supply bottlenecks persist in CPUs, PCBs, and memory. JPMorgan favors server components over contract manufacturing and advises avoiding PCs.

ME AI message, according to Chaoxiang Research, J.P. Morgan significantly raised its server shipment forecasts on July 15, revising the 2026 growth rate from 15% to 22% and the 2027 rate from 8% to 25%. AI inference is the primary driver, as enterprises deploying AI models require substantial inference servers. J.P. Morgan estimates that by 2028, server CPU shipments will rise from 26 million to 68 million units, with 53 million units driven by Agentic AI demand. Meanwhile, PC sales are being suppressed by rising memory prices, as brands increase prices to protect margins—at the cost of lower volumes. PC shipments are expected to decline by 8% in 2026, with consumer PCs falling 14%. Supply constraints remain tight across all components: CPUs, motherboards, memory, PCBs, and power components—all remain constrained. In the U.S. stock market, AI server manufacturers such as Dell Technologies, Hewlett Packard Enterprise, and Supermicro continue to benefit. Component suppliers including Arista Networks, Amphenol, Corning, Lumentum, and Micron Technology are gaining from the structural shift in value toward components. J.P. Morgan recommends: favoring server components over contract manufacturing, and avoiding the broader PC sector. (Source: MLion)

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.