The burgeoning demand for artificial intelligence (AI) computing capabilities has driven the printed circuit board (PCB) industry to new heights of development. On the evening of October 27, Victory Giant Technology released its third-quarter financial report, revealing substantial year-on-year growth in both revenue and net profit for the quarter. Notably, the company also reported outstanding performance over the first three quarters of the year. As of October 27, over 10 listed companies within the PCB industry chain have published their third-quarter reports or performance forecasts, all collectively pointing towards a trend of robust growth. This surge is largely attributed to the escalating demand for high-end PCBs, a trend fueled by advancements in AI technology. AI has catalyzed transformative shifts in the technical specifications required for PCB products. The consequent growth in downstream demand has spurred comprehensive upgrades in PCB technology, encompassing materials, processes, and architectures. To keep pace with the burgeoning market demand, PCB companies have been intensifying their investments in high-end production capabilities. This expansion trend has permeated from the manufacturing sector to encompass upstream equipment and material suppliers as well. Despite potential headwinds such as global economic volatility, heightened competition, slower-than-anticipated technological progress, as well as market apprehensions over short-term performance volatility, shifts in the competitive landscape, and delays in the rollout of new applications, CITIC Securities maintains a bullish outlook on the PCB industry. The firm regards it as "the industrial sector most closely aligned with AI chips in terms of upgrade opportunities."