According to CoinMeta, Mindray Electronics stated in its investor relations activities that, from an industry trend perspective, the large-scale construction of AI data centers and the implementation of AI applications on the client side are driving the upgrade of server power supplies towards higher voltage, greater current, and higher efficiency. At the same time, under the "dual carbon" strategy, the continuous expansion of new energy generation, energy storage, electric vehicles, and other scenarios collectively constitute the medium- to long-term growth momentum for the demand for power semiconductors.