AI Server Market Shipment Increase By 100 Percent Through Enhanced Rack Manufacturing
The AI Server Market Will Experience a 2026 Shipment Increase By 100 Percent Through Enhanced Rack Manufacturing Capabilities. Production of high end AI server racks reached a new peak during February 2026 according to data from that month. Morgan Stanley reports that the total output for GB200 and GB300 NVL72 racks reached approximately 6500 units this month representing a 6% increase over January. Analysts expect total shipments for the full year 2026 to fall between 70000 and 80000 units which represents a substantial increase from the 29000 units that were recorded in 2025.
Foxconn holds the dominant position in AI server assembly operations with its current market share. The company maintained its shipping pace from January by delivering approximately 2400 racks during February 2026. Morgan Stanley analyst Kao Yen ho anticipates that order pressure from customers will drive even higher volume in March.
- Q1 2026 Outlook Shipments are projected to reach 8500 units.
- Investment Rating Outperform with a target price of NT$317.
Wistron experienced higher revenues during February because of increased customer interest in their GB200/300 AI server computing boxes (L10). The company saw its monthly revenue climb by 25% compared to January and a staggering 177% increase year on year. Wistron delivered 1400 to 1500 server racks during February.
- Q1 2026 Outlook Shipments are expected to exceed 3000 units for the first quarter.
- Investment Rating Outperform with a target price of NT$215.
Quanta experienced a revenue decrease of 7% because fewer notebooks were shipped but the AI server division continued to drive its business growth. The total shipment range for February GB200/300 racks reached between 1300 and 1400 units. Analysts suggest that AI server production has now returned to a normalized high volume rhythm.
- Q1 2026 Outlook Total rack shipments are estimated at 4500 units.
- Investment Rating Outperform with a target price of NT$370.
Morgan Stanley highlighted a specific technicality in shipment reporting. The actual value of racks delivered to final customers remains underreported because certain data transforms Wistron L10 computing cassettes into rack equivalents. The transition to L11 stage causes this discrepancy because it requires final rack assembly and rigorous testing to complete.
The upward trend remains evident despite these reporting nuances. The global infrastructure push for AI benefits Foxconn Wistron and Quanta because their 2026 production forecasts exceed the previous year actual production by more than double. NVL72 rack configurations are currently experiencing greater demand than what industry experts had predicted.
