Quanta Computer is poised to achieve record-breaking profits in the third quarter of 2023, driven by surging demand for AI servers and an improved supply chain. Senior Vice President Mike Yang expressed optimism about the company’s financial outlook, noting that its second-quarter results already hit new highs, with gross profit margins reaching 8.58% and after-tax net income at NT$15.13 billion (US$474 million).
AI development is a key growth driver for Quanta, as demand for servers with NVIDIA’s Hopper architecture remains robust. Yang indicated that AI server shipments in the third quarter will continue to rise, boosting revenue further. However, Quanta’s Chief Financial Officer, Elton Yang, warned that while AI server sales will increase, the company may see a slight dip in gross profit margins due to the cost-intensive nature of these products.
Quanta’s laptop business also enters a peak shipment season in the third quarter, further contributing to its financial performance. Yang downplayed concerns over short-term market volatility and emphasized that AI demand will stabilize the market in the coming months. Quanta remains focused on expanding production capacity and enhancing energy efficiency in its AI computing operations.
