Mywell Technology — The Invisible Winner in the AI Hardware Market

On June 8, chip stocks rebounded. Mywell Technology’s stock price briefly rose to $304.96 during the trading session, and then surged 9.63% at the close to $288.85. Even more eye-catching than the stock price is the fact that it will replace two companies to become a new constituent of the S&P 500 index, with the adjustment taking effect before the market opens on June 22. Previously, Jensen Huang also said, “This (Mywell Technology) is the next trillion-dollar company.”

Mywell Technology’s core businesses include data center networking, switching chips, optical interconnect chips, and storage solutions. More than 97% of its revenue is related to the data infrastructure market, which means it has become an indispensable key link in building AI computing power network infrastructure. In the ASIC design services sector, Mywell Technology ranks second in the industry with a market share of 13% to 15%, behind Broadcom. Multiple institutions predict that as AI data centers continue to expand, Mywell Technology will continue to benefit from the spillover trend in which AI computing power spreads into AI network interconnectivity.

From GPUs to network interconnectivity, from storage to switching chips, the value of AI hardware is continuously spreading along the industry chain. The rise of Mywell Technology is the best testament to how AI investment is shifting from “one dominant player” to “a blooming of diverse flowers.”

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