According to the Zheshang Securities Research Report, AI computing power is reshaping the PCB demand structure, and the growth certainty of high-end products is increasing. The global PCB industry has returned to a growth channel, and high-frequency high-speed PCBs have significantly outperformed the industry. AI servers evolved from stand-alone systems to cabinet-level systems, superimposed switches were upgraded to 800G/1.6T, and optical modules were iterated to 800G/1.6T, continuously driving the demand for high-rise, large-size, high-density interconnections, and low-loss PCBs. Demand for high-end PCBs is expected to maintain rapid growth under the trend of AI-driven computing power equipment upgrades.

According to the Zheshang Securities Research Report, AI computing power is reshaping the PCB demand structure, and the growth certainty of high-end products is increasing. The global PCB industry has returned to a growth channel, and high-frequency high-speed PCBs have significantly outperformed the industry. AI servers evolved from stand-alone systems to cabinet-level systems, superimposed switches were upgraded to 800G/1.6T, and optical modules were iterated to 800G/1.6T, continuously driving the demand for high-rise, large-size, high-density interconnections, and low-loss PCBs. Demand for high-end PCBs is expected to maintain rapid growth under the trend of AI-driven computing power equipment upgrades.