AI-driven high-end products scale mass production, PCB companies' performance expected to surge strongly in 2025

The disclosure of the 2025 annual report has not yet begun, but some A-share listed companies in the PCB (Printed Circuit Board) industry have already released positive performance signals, reflecting a continuous rise in the prosperity of the industry chain. According to Choice data, as of January 23, about 20 PCB concept stocks have disclosed performance forecasts for 2025, with approximately 80% achieving net profit growth, covering various links in the upstream and downstream of the PCB product, material, and equipment industry chain. Companies like GDM and VGT are expected to see net profit increases exceeding 250%. Behind the good performance is the improvement in the scale and speed of AI data center deployments, driving high-end PCB product demand to maintain rapid growth, which in turn promotes the simultaneous prosperity of upstream equipment and materials. (Shanghai Securities Journal)