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AI Power Revolution: Capital Securities and E.SUN Securities Analyze Power Tech and Computing Infrastructure

Electronic Technology · Semiconductors · economic_daily · 2026-08-21

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As AI server demand drives data center power consumption, Capital Securities and E.SUN Securities explore investment opportunities in wide-bandgap materials and power infrastructure.

What Happened

Power Infrastructure Upgrade: Global cloud giants are significantly increasing capital expenditures, fueling a surge in data center power demand driven by AI servers. Capital Securities and E.SUN Securities have partnered to host a forum aimed at helping investors navigate the investment opportunities arising from the modernization of power infrastructure.

Rise of Wide-Bandgap Materials: Traditional silicon-based components are struggling to meet the high-frequency and high-voltage requirements of modern AI, leading to a boom in wide-bandgap materials like Silicon Carbide (SiC) and Gallium Nitride (GaN). These materials are projected to grow at a compound annual rate of 24% to 26%, essential for the energy density needs of AI data centers and electric vehicles.

Technology and Scale Competition: The industry is expected to bifurcate, with companies possessing proprietary power architectures or IDM scale advantages enjoying higher profit margins. Investors are advised to focus on firms with strong technical moats and economies of scale to avoid the price wars currently affecting manufacturers of low-end capacity.

Expansion of the Computing Ecosystem: AI development has evolved from a single-technology race into a comprehensive computing ecosystem encompassing semiconductors, data centers, power, and networking. With global cloud AI capital expenditure projected to exceed $3 trillion by 2030, access to sufficient computing resources will be the defining factor for future competitive advantage.

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