“Capital expenditure and revenue for the data centre segment are projected to substantially surpass that of other segments,” it adds.
As artificial intelligence (AI) stocks dominated the latest earnings season with an emphasis on high-performance computing, high-bandwidth memory, and advanced nodes/packaging, the team at DBS Group Research sees that AI-driven sectors are “leading the charge”.
“[This is] notably evidenced by robust performance in the data centre and networking segments,” says the team in a March 20 note.
