From iPhones to GPUs: Redington, Ingram Micro ride the AI boom

Livemint reported that demand for AI servers, chips and other data centre infrastructure is becoming a growth driver for Redington and Ingram Micro, opening a new avenue for expansion for the two companies. The report frames this as a shift from their usual business of distributing phones and computers, such as iPhones, towards equipment that powers artificial intelligence. Redington and Ingram Micro are distributors: they buy products from manufacturers and sell them on to retailers and businesses, so their revenue depends on how much of these products their customers order. AI servers are powerful computers built to run artificial intelligence software, and GPUs are the chips that do much of that computing work. The report gives no revenue figures, order numbers or dates for either company.

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