August 11, 2025 03:37 PM GMT Greater China Technology Hardware | Asia Pacific Morgan Stanley Taiwan Limited+ Why did GB200 NVL72 rack shipments fall in July? We recently published our GB200 NVL72 rack estimate for July, where we estimated shipments fell to ~2k from ~2.5k in June across the three major ODMs (Hon Hai, Quanta, and Wistron). Why were July rack shipments down? We fielded many questions around this topic and we want to use this opportunity to explain what we are observing in the supply chain. One ...