Asia Vital Components (AVC) has commenced shipments of double-sided cold plates designed for AI servers utilizing vertical power delivery (VPD). This technology addresses heat accumulation from both sides of the chip, a requirement for modern high-performance server architectures.
The company reported record financial results for the third quarter of 2026, with revenue reaching NT$59.09 billion, a 51.8% year-over-year increase. Gross margins rose to 33.86%, driven by strong demand for liquid cooling solutions. October 2026 revenue also hit a record at NT$22.1 billion.
AVC forecasts that all GPU- and ASIC-based AI servers will transition to liquid cooling by the end of 2027. To support this growth, the firm plans to increase its liquid cooling production capacity by over 50% in 2027, primarily through facility expansions in Vietnam with a capital expenditure of NT$15–17 billion.
The company currently holds a 40–50% market share for cold plates used in Nvidia’s GB200 and GB300 platforms and is a preferred supplier for the upcoming Vera Rubin architecture. Its client base includes major hyperscalers such as AWS, Google, Meta, and OpenAI.
AVC is developing new cold plates capable of managing chips with a thermal design power exceeding 2,300 watts. Furthermore, the company expects that revenue from custom ASIC chips will surpass GPU revenue within its server segment by 2027.
