This year's precious metal trends are quite exaggerated, with lithium carbonate in the new energy chain doubling in a few months, and polysilicon related to AI chips also rising significantly.

I checked the silver consumption of Nvidia's high-end GPUs; for a single large chip module using silver sintering technology, the silver consumption has reached several hundred grams, with some high-end chips even exceeding 500 grams.

Under advanced packaging, the silver consumption of a single GPU/chipset is roughly between 200–500 grams;

A fully loaded cabinet with 64 GPUs requires about 12.8–32 kilograms of silver just for the GPUs,

and when considering the motherboard, network, and power supply system, the total silver consumption of the entire cabinet easily reaches 15–30 kilograms.