Airdoc reported May unaudited consolidated revenue of 15.871 billion yuan, a 60.64% year-over-year increase, with after-tax net profit surging 132.28% to 3.152 billion yuan. The strong performance is attributed to increasing AI server liquid cooling demand and materializing ASIC platform orders, including for NVIDIA's GB300.
AI server liquid cooling demand is driving significant revenue and profit growth for thermal management suppliers, indicating sustained infrastructure buildout.