Third Quarter 2020 On-premise HPC Server Market Shows Healthy Growth

The recovery of the on-premise HPC server market continues to gain momentum, showing consistent revenue increases over the last two quarters, while easing some of the first quarter 2020 revenue losses that resulted from the economic fallout of the covid-19 virus. Specifically, the third quarter of 2020 exhibited a seasonal revenue growth of 3.4% to reach $3.4 billion in sales for the quarter, up 11.7% from the previous quarter and building on the 12.0 % quarter on quarter increase from 2Q2020.