# Domestic companies capitalise on surging global demand for artificial intelligence infrastructure to pursue share listings.

*business · news · 2026-04-13 · South China Morning Post*

## Key points

- Victory Giant Technology, a PCB supplier to Nvidia, is seeking a US$2.2 billion IPO in Hong Kong.
- PCBs are now critical for AI servers and data centre switches, increasing their strategic importance.
- Jiangxi Redboard Technology recently raised US$263.4 million in Shanghai for PCB capacity expansion.
- Zhongji Innolight, another Nvidia supplier, confidentially applied for a Hong Kong IPO targeting at least US$3 billion.
- Analysts expect the global PCB supply shortage and sector momentum to last one to two years.

**Companies:** Nvidia, Victory Giant Technology, Jiangxi Redboard Technology, Zhongji Innolight
**Countries:** China, United States

[Read the full story on South China Morning Post](https://www.scmp.com/tech/tech-trends/article/3349924/victory-giant-joins-ipo-push-chinas-circuit-board-makers-amid-ai-frenzy)

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