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中信建投:AI服務器高集成度趨勢下 銅連接或成為AI服務器的重要組成

中信建投研報指出,英偉達推出新一代GB200 NVL72服務器,集成化程度全面提升,其機櫃內部採用高速銅纜進行通信互連。無源DAC作為電通信的主要解決方案其不包含光電轉換器模塊,具有很高的成本效益和運營可靠性,成為實現短距離傳輸的優秀解決方案。目前的銅纜已經實現224G以太網Serdes高速通信技術升級,短距離性價比突出,合理假設下測算,英偉達NVL72/36服務器帶來的增量銅纜市場空間超過70億人民幣。在AI服務器高集成度的趨勢下,銅連接或成為AI服務器的重要組成。

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