{"id":101129,"date":"2024-11-22T14:56:32","date_gmt":"2024-11-22T19:56:32","guid":{"rendered":"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/artificial-intelligence\/dell-hpe-lenovo-look-to-ai-in-252-billion-server-market\/"},"modified":"2025-06-24T15:29:09","modified_gmt":"2025-06-24T19:29:09","slug":"dell-hpe-lenovo-look-to-ai-in-252-billion-server-market","status":"publish","type":[3762],"link":"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/artificial-intelligence\/dell-hpe-lenovo-look-to-ai-in-252-billion-server-market\/","title":{"rendered":"Dell, HPE, Lenovo look to AI in $252 billion server market"},"content":{"rendered":"<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-none bbg-row--full-bg-bleed\" data-anchor='row-69f4e1e2d070f'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-7\"\n    style=\"\"\n    >\n    <p><div\n    class=\"bbg-spacer bbg-spacer--lg\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p class=\"small\"><strong><span style=\"font-size: 14px; letter-spacing: 1px; color: #0062dd;\">ARTICLE<\/span><\/strong><\/p>\n\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div>    <h1 class=\"bbg-metadata bbg-metadata--title\">Dell, HPE, Lenovo look to AI in $252 billion server market<\/h1>\n<div\n    class=\"bbg-spacer\"\n        style=\"height: 50px !important\"\n    >\n<\/div>    <ul class=\"bbg-categories_list\">\n                    <li>\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/artificial-intelligence\/\" rel=\"category tag\">\n                    Artificial Intelligence\n                <\/a>\n            <\/li>\n                    <li>\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/markets\/\" rel=\"category tag\">\n                    Markets\n                <\/a>\n            <\/li>\n                    <li>\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/technology\/\" rel=\"category tag\">\n                    Technology\n                <\/a>\n            <\/li>\n            <\/ul>\n<\/p>\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-5\"\n    style=\"\"\n    >\n    <div id=\"\" class=\"wpb_content_element bbg-single-image align-center\">\n    <figure class=\"bbg-single-image__figure\" style=\"max-width:100%\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/3774651861.jpeg\" class=\"bbg-single-image__image attachment-full\" alt=\"A Semiconductor Wafer\" title=\"A Semiconductor Wafer\" \/>\n        \n            <\/figure>\n<\/div>\n\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-none row-padding--bottom-none bbg-row--full-bg-bleed\" data-anchor='row-69f4e1e2dacd2'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-2\"\n    style=\"\"\n    >\n    \n<\/div><div\n    class=\"bbg-column bbg-column--width-6 bbg-column--m-width-6\"\n    style=\"\"\n    >\n    <p>    <p class=\"bbg-metadata bbg-metadata--date\">November 22, 2024<\/p>\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><strong>Bloomberg Intelligence<\/strong><\/p>\n\n<\/div>\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-2 bbg-column--valign-middle bbg-column--m-width-2 bbg-column--s-padding-right-2\"\n    style=\"\"\n    >\n    <div class=\"bb-tts\"\n\tdata-selector=\"main\"\n\tdata-label=\"Speak this page\"\n\tdata-custom-play=\"Play\"\n\tdata-custom-pause=\"Pause\"\n\tdata-custom-stop=\"Stop\"\n\tdata-overlay=\"false\"\n\tdata-invert=\"false\"\n\tdata-no-time=\"false\"\n\tdata-no-button-text=\"false\"\n\tdata-one-button=\"true\"\n\tdata-one-style=\"true\"\n\tdata-hide-stop=\"true\"\n\tdata-voice=\"Gordon\"\n\tdata-pitch=\"1\"\n\tdata-speed=\"1\"\n\tdata-align=\"flex-start\"\n>\n<\/div>\n\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-2\"\n    style=\"\"\n    >\n    \n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f4e1e2dd3be'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-2\"\n    style=\"\"\n    >\n    \n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><i>This analysis is by Bloomberg Intelligence Industry Analyst Woo Jin Ho. <\/i><i>It appeared first on the Bloomberg Terminal.<\/i><\/p>\n<p class=\"p1\">Dell, HPE and Lenovo aim for a bigger slice of an AI-server market set to grow 55% in 2025, reaching $252 billion, estimates show. Hyperscale cloud may drive the bulk of the gain, yet tier-2 providers like Tesla and Coreweave are taking a greater role. Though gross margin might remain a drag, we believe it&#8217;ll reach the midteens amid better GPU availability and demand.<\/p>\n<h2 class=\"p1\">AI&#8217;s 55% sales-growth foundation for server renaissance<\/h2>\n<p>Dell, HPE and Lenovo are among the providers seeking a bigger share of the server market that&#8217;s poised to widen 31%, based on our analysis and estimates from 650 Group and IDC. Robust uptake in AI servers is fueling market gains &#8212; 55% to $162 billion. Sustaining this momentum is the buildout of bigger server clusters that could approach 200,000 GPU, suppporting larger-scale language models that can reach several trillions of parameters.<\/p>\n<p>The strength in AI eclipses the 3% growth to $89 billion in the more mature traditional server markets, which is recovering amid the need to modernize fleets to complement the AI-server rollout.<\/p>\n\n<\/div>\n<div id=\"\" class=\"wpb_content_element bbg-single-image align-center\">\n    <figure class=\"bbg-single-image__figure\" style=\"max-width:100%\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"1590\" height=\"1230\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.40.00%E2%80%AFAM.png\" class=\"bbg-single-image__image attachment-full\" alt=\"Server Market Sales, Growth by Type\" title=\"Server Market Sales, Growth by Type\" srcset=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.40.00%E2%80%AFAM.png 1590w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.40.00%E2%80%AFAM.png 552w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.40.00%E2%80%AFAM.png 800w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.40.00%E2%80%AFAM.png 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.40.00%E2%80%AFAM.png 1536w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.40.00%E2%80%AFAM.png 140w\" sizes=\"auto, (max-width: 1590px) 100vw, 1590px\" \/>\n        \n            <\/figure>\n<\/div>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-none row-padding--bottom-none bbg-row--margin-top-compact bbg-row--margin-bottom-compact bbg-row--full-bg-bleed\" data-anchor='row-69f4e1e2e1272'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <div class=\"bbg-interstitial\" aria-label=\"interstitial\" tabindex=\"0\">\n\t<style>\n\t\t.bbg-interstitial #card_1.bbg-card_hasCta{\n\t\t\tbackground: url(https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Interstitial_bg.png);\n\t\t\t\tbackground-repeat: no-repeat;\n\t\t\t\tbackground-position: center center;\n\t\t\t\tbackground-size: cover;\n\t\t\tpadding: 104px;\n\t\t\t\n\t\t\t\n\t\t}\n\t\t.bbg-interstitial #card_1.bbg-card_hasCta .bbg-card__content, .bbg-interstitial #card_1.bbg-card_hasCta .bbg-card__content p{\n\t\t\tcolor:white;\n\t\t}\n\t\t@media (max-width: 768px) {\n\t\t\t.bbg-interstitial #card_1.bbg-card_hasCta{\n\t\t\t\tpadding: 80px 32px;\n\t\t\t}\n\t\t}\n\t\t@media (max-width: 480px) {\n\t\t\t.bbg-interstitial #card_1.bbg-card_hasCta{\n\t\t\t\tpadding: 80px 18px;\n\t\t\t}\n\t\t}\n\t<\/style>\n\t<div class=\"wpb_content_element bbg-card  bbg-card-dark bbg-card_hasCta has_interstitial\" id=\"card_1\" data-card_type=\"no_image\">\n  \n  \n  <div class=\"bbg-card__innerwrapper\">\n    <div class=\"bbg-card__content\">\n      \n      \n                      <h3 class=\"bbg-card__title\">Discover more with Bloomberg newsletters<\/h3>\n      \n              <div class=\"bbg-card__wysiwyg bb-wysiwyg\"><p>Subscribe now<\/p>\n<\/div>\n          <\/div>\n\n          \n<div\n  id=\"cta_134119896379880478\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p right\">\n      <a\n        class=\"bbg-cta-link link interstitial_cta\"\n        href=\"https:\/\/www.bloomberg.com\/professional\/insights\/newsletter\/\"\n        target=\"\"\n        rel=\"\"\n        data-section-name=\"\"\n                role=\"button\"\n        aria-label=\"Learn more\"\n        >\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n\n      <\/div>\n\n  <\/div>\n\n<\/div>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-none bbg-row--full-bg-bleed\" data-anchor='row-69f4e1e2e6839'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-2\"\n    style=\"\"\n    >\n    \n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h2 class=\"p1\">Bigger models, larger clusters fuel AI-server growth<\/h2>\n<p>The race to build larger foundational models by hyperscale and tier-2 cloud and sovereigns is fueling sustained AI-server sales momentum into 2025, which is set to grow 55% to $163 million, according to 650 Group. Nvidia&#8217;s Blackwell product cycle is a sales tailwind, leading to server racks valued at up to $3-$4 million apiece vs. $1.5-$3 million for fully loaded racks in the Hopper cycle. Hyperscale and tier-2 cloud providers could begin deploying AI-server clusters with as many as 100,000 GPUs, with some reaching 200,000. This could lead to more and bigger deals.<\/p>\n<p>Enterprise customers may start adding to growth as they roll out and ramp up in-house AI. Enterprise is likely to make up 36% of industry sales ($23 billion) in 2025, 650 Group estimates show.<\/p>\n\n<\/div>\n<div id=\"\" class=\"wpb_content_element bbg-single-image align-center\">\n    <figure class=\"bbg-single-image__figure\" style=\"max-width:100%\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"1706\" height=\"1212\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.43.10%E2%80%AFAM.png\" class=\"bbg-single-image__image attachment-full\" alt=\"AI Server Sales By End Market\" title=\"AI Server Sales By End Market\" srcset=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.43.10%E2%80%AFAM.png 1706w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.43.10%E2%80%AFAM.png 552w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.43.10%E2%80%AFAM.png 800w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.43.10%E2%80%AFAM.png 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.43.10%E2%80%AFAM.png 1536w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.43.10%E2%80%AFAM.png 152w\" sizes=\"auto, (max-width: 1706px) 100vw, 1706px\" \/>\n        \n            <\/figure>\n<\/div>\n\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h2 class=\"p1\">AI supply chain appears set for Trump-trade stance<\/h2>\n<p>The regional nature of the AI-server manufacturing supply chain could mitigate heightened trade concerns and China tensions in president-elect Donald Trump&#8217;s second term. Most key AI-server components &#8212; GPUs, CPUs and high-bandwidth memory &#8212; are designed and made outside of China and won&#8217;t be affected. Other aspects, like high-speed optics, largely moved their manufacturing out of China in Trump&#8217;s first term.<\/p>\n<p>Server assemblers and manufacturers are already regionally aligned, aided by 2018&#8217;s supply-chain adjustments. Yet security and data sovereignty sensitivities related to cloud computing has led to regional manufacturing, which has extended into AI servers.<\/p>\n\n<\/div>\n<div id=\"\" class=\"wpb_content_element bbg-single-image align-center\">\n    <figure class=\"bbg-single-image__figure\" style=\"max-width:100%\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"1728\" height=\"1210\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.46.16%E2%80%AFAM.png\" class=\"bbg-single-image__image attachment-full\" alt=\"Server Vendor Manufacturing Locations\" title=\"Server Vendor Manufacturing Locations\" srcset=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.46.16%E2%80%AFAM.png 1728w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.46.16%E2%80%AFAM.png 552w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.46.16%E2%80%AFAM.png 800w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.46.16%E2%80%AFAM.png 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.46.16%E2%80%AFAM.png 1536w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.46.16%E2%80%AFAM.png 154w\" sizes=\"auto, (max-width: 1728px) 100vw, 1728px\" \/>\n        \n            <\/figure>\n<\/div>\n\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h2 class=\"p1\">Dell, Lenovo part of a bigger competitive landscape<\/h2>\n<p>The AI-server competitive landscape will intensify in 2025 as more traditional electronic manufacturer-service (EMS) providers build at scale. Pegatron, Foxconn, Sanmina and Wywinn are among the hardware makers set to expand their roles in the Blackwell GPU product cycle, competing with Dell and Super Micro for hyperscale, tier-2 cloud and enterprise customers. The AI-server market should be able to support a large number of vendors, given its size.<\/p>\n<p>Market share may be determined by GPU allocation and availability, regional and global manufacturing footprint and customer exposure. Liquid-cooling capabilities could prove to be a differentiator for HPE and others in larger, clustered deals.<\/p>\n\n<\/div>\n<div id=\"\" class=\"wpb_content_element bbg-single-image align-center\">\n    <figure class=\"bbg-single-image__figure\" style=\"max-width:100%\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"1624\" height=\"1192\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.48.20%E2%80%AFAM.png\" class=\"bbg-single-image__image attachment-full\" alt=\"AI Server Market Share\" title=\"AI Server Market Share\" srcset=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.48.20%E2%80%AFAM.png 1624w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.48.20%E2%80%AFAM.png 552w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.48.20%E2%80%AFAM.png 800w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.48.20%E2%80%AFAM.png 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.48.20%E2%80%AFAM.png 1536w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.48.20%E2%80%AFAM.png 147w\" sizes=\"auto, (max-width: 1624px) 100vw, 1624px\" \/>\n        \n            <\/figure>\n<\/div>\n\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h2 class=\"p1\">AI-Server margin less of a drag in 2025<\/h2>\n<p>AI-server margin could be less of drag on earnings growth in 2025 vs. 2024, with the competitive landscape likely keeping gross margin below 20-22% for traditional servers. Yet that might improve to the midteens vs. 2024&#8217;s low teens, aided by evolving supplier and market dynamics. That&#8217;s as GPU competition by AMD and Nvidia may boost component pricing. We expect broader demand from smaller-sized enterprises and sovereign entities that might lead to fewer price concessions, favoring bellwether server providers Dell, HPE and Lenovo.<\/p>\n<p>Dell and HPE have pared costs to mitigate lower AI server margin. This should aid profit-margin dollars, but we see it as a temporary fix. until AI-server margin improves.<\/p>\n\n<\/div>\n<div id=\"\" class=\"wpb_content_element bbg-single-image align-center\">\n    <figure class=\"bbg-single-image__figure\" style=\"max-width:100%\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"1648\" height=\"1122\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.50.26%E2%80%AFAM.png\" class=\"bbg-single-image__image attachment-full\" alt=\"Server, Infrastructure Margin Trend\" title=\"Server, Infrastructure Margin Trend\" srcset=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.50.26%E2%80%AFAM.png 1648w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.50.26%E2%80%AFAM.png 552w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.50.26%E2%80%AFAM.png 800w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.50.26%E2%80%AFAM.png 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.50.26%E2%80%AFAM.png 1536w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Screenshot-2024-11-26-at-11.50.26%E2%80%AFAM.png 159w\" sizes=\"auto, (max-width: 1648px) 100vw, 1648px\" \/>\n        \n            <\/figure>\n<\/div>\n\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><span style=\"font-size: 10px;\"><em>The data included in these materials are for illustrative purposes only. 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While hyperscale cloud providers may account for the majority of this growth, tier-2 providers such as Tesla and Coreweave are also playing a significant role.<\/p>\n","protected":false},"author":1935,"featured_media":101132,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"template-article.php","format":"standard","meta":{"_yoast_wpseo_primary_category":"3715","footnotes":""},"categories":[3715,453,3661],"tags":[603,565,543],"series":[],"class_list":["post-101129","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence","category-markets","category-technology","tag-ai-machine-learning","tag-bloomberg-intelligence","tag-technology","type-article"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dell, HPE, Lenovo look to AI in $252 billion server market | Insights | Bloomberg Professional Services<\/title>\n<meta name=\"description\" content=\"Dell, HPE and Lenovo aim for a bigger slice of an AI-server market set to grow 55% in 2025, reaching $252 billion. 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