During the first half of 2025, A-share companies within the PCB industry chain exhibited remarkable performance, with bellwethers like Shengyi Electronics and Pegatron Technology experiencing substantial growth in both revenue and net profit. Shengyi Electronics, in particular, witnessed a year-on-year surge in net profit exceeding 450%. This robust performance is primarily attributed to the burgeoning demand for AI servers and high-performance computing, which has significantly bolstered the market demand for premium PCB products, including HDI boards and high-multilayer boards. The surge in AI-related demand has tightened the supply of raw materials such as copper foil and glass fiber cloth, resulting in a sustained uptick in the prices of copper-clad laminates and prompting several enterprises to implement price hikes. Considering the extended expansion cycle of key materials like glass fiber cloth, coupled with the escalation in copper prices, the PCB industry chain's high growth trajectory is anticipated to persist until the conclusion of the fourth quarter. In response to the incessant growth demand fueled by AI computing power and data center construction, numerous enterprises, including Shengyi Electronics and Sinoma Science & Technology, are proactively expanding their production capacities.