business / news / / South China Morning Post
Domestic companies capitalise on surging global demand for artificial intelligence infrastructure to pursue share listings.
Victory Giant Technology, a PCB supplier to Nvidia, is seeking a US$2.2 billion IPO in Hong Kong.
KEY POINTS
- 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
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