Kingboard Laminates up 550% YTD on AI PCB re-rating

Kingboard Laminates, a Hong Kong-listed supplier of copper-clad laminates for printed circuit boards, has rallied more than sixfold in 2026 as investors bet it will emerge as a key beneficiary of the AI infrastructure buildout. AI servers consume far more PCB area per unit than general-purpose servers, lifting laminate demand across Chinese and Taiwanese suppliers. The move highlights how AI compute spend is rippling through niche supply-chain names like ABF film maker Ajinomoto and MLCC producers. Investors are increasingly hunting for second-derivative AI exposure as the Magnificent Seven and frontier-lab equity grow crowded.

View full digest for June 17, 2026