It turns out that the future of AI is capacitors, as server power consumption explosions are driving upgrades in power management, and a new track has emerged.

Goldman Sachs states that investments in artificial intelligence infrastructure are shifting from computing power to electricity and power supply links, with capacitors becoming a new bottleneck and demand expected to explode. The increase in server power consumption drives the need for power management, energy storage, and stability, with rapid growth in the application of capacitors in servers, liquid cooling, and high-bandwidth network equipment. Following HBM, capacitors may become a new track for artificial intelligence infrastructure investment, benefiting related manufacturers and the industry chain.