CMB International: Optimistic about the rapid increase in the penetration rate of AI PCs in 2026-27, Hongteng Precision (06088) and others are expected to benefit

The Zhitong Finance App learned that CMB International released a research report saying that Nvidia (NVDA.US), AMD (AMD.US), Qualcomm (QCOM.US), and Intel (INTC.US) held keynote speeches and launch events at the 2026 International Consumer Electronics Show (CES) starting January 5, local time in the US, outlining the latest product roadmap and development direction for AI servers/AI PCs.

Overall, the production schedule for the next-generation Nvidia Vera Rubin platform was ahead of expectations. It is now fully put into production, and production capacity is expected to be expanded as planned in the second half of 2026. The AMD Mi400/Helios platform upgrade is also progressing smoothly. The bank believes this will benefit the field of server components such as interconnects and liquid cooling.

As for AI PCs, as Qualcomm, Intel, and AMD launch new AI PC processors that are upgraded in performance and can support large-scale AI models, the bank is still optimistic that the penetration rate of AI PCs will increase rapidly between 2026-2027.

In terms of individual stocks, CMB International believes that the main beneficiaries of the AI server/AI PC supply chain include: Hongteng Precision (06088) and Lixun Precision will benefit from the interconnection field; BYD Electronics (00285) will benefit from the liquid cooling sector; IFF will benefit from the AI server ODM business; and Lenovo Group (00992) will benefit from the AI PC field.