Changes in Hong Kong stocks | PCB concept stocks continue to rebound Goldman Sachs sharply raised AI server PCB and CCL forecasts

Zhitongcaijing · 2d ago

The Zhitong Finance App learned that PCB concept stocks continued to rebound. As of press release, Chipboard (09630) rose 5.57% to HK$360; Shenghong Technology (02476) rose 5.02% to HK$242.6; Jiantao Laminate (01888) rose 4.3% to HK$36.4; and Guanghe Technology (01989) rose 2.56% to HK$116.3.

According to the news, Goldman Sachs's latest research report shows that the market size forecast related to AI servers has been drastically raised. The bank expects the global AI server PCB market to reach US$37.5 billion in 2027, up 38% from the previous forecast, and further increase to US$84 billion in 2028; the CCL market is expected to reach US$22.1 billion in 2027, an increase of 18%, and is expected to rise to US$48 billion in 2028.

According to this forecast, from 2026 to 2028, the AI server PCB and CCL market size will reach 148% and 161%, respectively. Unlike the traditional server growth cycle, this round of growth is driven by multiple factors. In addition to an increase in server shipments, it also includes an increase in the number of PCB layers, advanced high-density interconnect (HDI) penetration, CCL material upgrades, and an increase in PCB usage within the entire cabinet.