Seeking Alpha Does our thesis hold true for next-gen AI data centers? Management got asked pretty directly about just this on their 1Q24 earnings call; the question was about rumors that next-gen AI data centers (that use liquid cooling and other methods for lower power consumption) would have lower power management content and potentially negatively impact MPWR's product use cases in the AI server power management market. To this, the President of MPWR, Michael Hsing, and Tony Balow answered the following: ...