Guo Jin Securities: Strong demand for AI computing power continues, focusing on industries benefitting from autonomous and controllable semiconductors, Apple chain, and AI innovation.

Guojin Securities released a research report stating that they are focusing on companies with strong performance growth sustainability, AI-PCB and computational hardware, independent and controllable semiconductors, Apple chain and AI-driven benefit industrial chains. The demand for AI-PCB is on the rise, with many AI-PCB companies currently having strong orders, running at full capacity, and actively expanding production. It is expected that the high growth in performance in the second half of the year will continue. AI copper sheets are also in high demand, with the mass production of NVIDIA GB200 and ASIC, AI servers and switches are turning to using M8 materials in large quantities, with a future possibility of using M9 materials. As overseas AI copper sheet production expansion is slow, leading mainland copper sheet manufacturers are expected to benefit actively, and core benefiting companies are optimistic. Sub-sector industry prosperity indicators include consumer electronics, PCB, semiconductor chips, semiconductor outsourcing/equipment/materials/components, displays, passive components, and packaging testing.