구글·MS도 바다로 간다? 조선업이 준비하는 데이터센터ㅣ조선ㅣ배기연 애널리스트

🌊 "If there is no land to build a data center? Just float it on the sea." It sounds like a joke, but both Google and Microsoft have already completed their experiments in the ocean. It was these Big Tech companies that were the first to realize that the real bottleneck in the AI ​​era is not semiconductors, but the 'land' and 'power' needed to build data centers. However, something strange happens here. The companies capable of actually building data centers on the sea are not IT firms, but shipyards that build ships. If power is scarce, the shipbuilding industry's engines become the answer; if land is scarce, shipyards launch them into the sea. Why have these two markets, which seemed completely unrelated, started to interlock now? Why did Samsung Heavy Industries set up a booth at a data center exhibition, and why is Japan rushing to aim for operations next year? From the reason Microsoft put servers underwater and then abandoned the project, to the true nature of the '3rd generation' data centers that emerged from that failure. 📌 The Intersection of Two Markets No One Had Connected Before Bae Ki-yeon, a research fellow at Meritz Securities, examines this with data. 🔖 Analyst Bae Gi-yeon 🎬 Filming Date: July 3, 2026 ⏱️ Timeline 0:00 Intro 0:37 Introduction 2:03 Why AI Data Centers Called the Shipbuilding Industry 3:12 The Next Protagonist of the Power Shortage: 4-Stroke Medium-Speed ​​Gas Engines 5:13 So How Much Market Is Left? 8:11 Why Did Big Tech Head to the Sea? 10:06 Three Ways to Go Out to Sea 12:37 What Samsung Heavy Industries Is Quietly Preparing 17:06 What to Look For in the Second Half #MeritzSecurities #BaeGiyeon #MeritzSecuritiesBaeGiyeon #Shipbuilding #ShipbuildingIndustry #ShipbuildingOutlook #DataCenter #AIDataCenter #FloatingDataCenter #OffshoreDataCenter #FDC #FloatingDataCenter #PowerShortage #PowerShortage #GasEngine #4StrokeMediumSpeedEngine #SamsungHeavyIndustries #HDHyundaiHeavyIndustries #AIInfrastructure #DataCenterPower #Cooling #SeawaterCooling #ShipbuildingSector #SecondHalfOutlook #MeritzOn [Disclaimer] This video is based on research and analysis materials issued by Meritz Securities. This video and materials are distributed for the purpose of providing information to assist investors in making investment decisions. While the content contained in this video and materials is derived from reliable data and information, its accuracy or completeness is not guaranteed. Please make your final investment decisions regarding this video and materials based on your own judgment. Therefore, under no circumstances can this material be used as evidence or for establishing legal liability regarding investment results. The intellectual property rights to this video and research and analysis materials belong to our company; therefore, they may not be copied, lent, or distributed without our permission.