According to the CITIC Securities Research Report, it is expected that the supernode solution is expected to grow rapidly. As the basic computing unit for future underlying AI infrastructure, the supernode scale-up domain has advantages such as efficient communication bandwidth and native memory semantics, and is naturally suited to the calculation of current mainstream MoE architecture models. Supernode's “decoupling” at the system level has increased the overall system value, and the design itself also faces more challenges. Many challenges such as multi-chip power consumption, heat dissipation, and cabinet reliability need to be solved urgently. At the same time, it is also necessary to take into account the difficulties faced in system operation. CITIC Securities believes that Supernode is expected to increase the value of the whole machine through higher technology addition. Optimistic about the future development of the entire supernode server chain, it is recommended to focus on companies related to the industry chain.

According to the CITIC Securities Research Report, it is expected that the supernode solution is expected to grow rapidly. As the basic computing unit for future underlying AI infrastructure, the supernode scale-up domain has advantages such as efficient communication bandwidth and native memory semantics, and is naturally suited to the calculation of current mainstream MoE architecture models. Supernode's “decoupling” at the system level has increased the overall system value, and the design itself also faces more challenges. Many challenges such as multi-chip power consumption, heat dissipation, and cabinet reliability need to be solved urgently. At the same time, it is also necessary to take into account the difficulties faced in system operation. CITIC Securities believes that Supernode is expected to increase the value of the whole machine through higher technology addition. Optimistic about the future development of the entire supernode server chain, it is recommended to focus on companies related to the industry chain.