Delta Electronics reported record revenue for six consecutive quarters, driven by increased shipments of AI server power supplies and infrastructure products. The company's 2025 consolidated revenue reached NT$554.89 billion, a 31.76% year-over-year increase. AI server applications are central, with power architectures shifting towards HVDC and power racks, expanding Delta's product portfolio from module to system level. Delta is integrating power cabinet architecture, including DC/DC power shelves, busbars, PDUs, and BBUs, for high-power data centers. New thermal management capacity in Thailand is expected to come online in Q1 2026, focusing on liquid-to-gas sidecar solutions for AI servers and data centers. The company also anticipates revenue contributions from fuel cell products in 2026 and is advancing power grid-related systems like power adjustment systems and solid-state transformers for data centers.