Kingboard Rides AI Boom On Strong Demand For Conductive Copper

Benzinga_recent_news02-27 21:08

The supplier of materials for electronic circuit boards is enjoying a rush of orders for use in AI servers and advanced computing, boosting its earnings image credit: Bamboo Works They function as the...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2614285616?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/02/27/-27-2-2026-10448-thebambooworks-com.jpeg?optimize=medium&dpr=2&auto=webp&width=240","is_english":true,"pubTime":"2026-02-27 21:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614285616","market":"sh","top_or_hot":-1,"title":"Kingboard Rides AI Boom On Strong Demand For Conductive Copper","media":"Benzinga_recent_news","content":"<div>\n<p>The supplier of materials for electronic circuit boards is enjoying a rush of orders for use in AI servers and advanced computing, boosting its earnings\nimage credit: Bamboo Works\nThey function as the...</p>\n\n<a href=\"https://www.benzinga.com/Opinion/26/02/50924978/kingboard-rides-ai-boom-on-strong-demand-for-conductive-copper\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kingboard Rides AI Boom On Strong Demand For Conductive Copper</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKingboard Rides AI Boom On Strong Demand For Conductive Copper\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-27 21:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/Opinion/26/02/50924978/kingboard-rides-ai-boom-on-strong-demand-for-conductive-copper><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The supplier of materials for electronic circuit boards is enjoying a rush of orders for use in AI servers and advanced computing, boosting its earnings\nimage credit: Bamboo Works\nThey function as the...</p>\n\n<a href=\"https://www.benzinga.com/Opinion/26/02/50924978/kingboard-rides-ai-boom-on-strong-demand-for-conductive-copper\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TPCA","symbol_name":"Tropicana Entertainment Inc.","start_time":0,"source_url":"https://www.benzinga.com/Opinion/26/02/50924978/kingboard-rides-ai-boom-on-strong-demand-for-conductive-copper","article_id":"2614285616","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/02/27/-27-2-2026-10448-thebambooworks-com.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/Opinion/26/02/50924978/kingboard-rides-ai-boom-on-strong-demand-for-conductive-copper","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2614285616","pubTimestamp":1772197680,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"The supplier of materials for electronic circuit boards is enjoying a rush of orders for use in AI servers and advanced computing, boosting its earnings. They function as the nervous system of advanced electronics and AI hardware, with circuity made from compressed copper.Copper-clad laminates  serve as a base material for the circuit boards that drive electronic devices and high-performance computing, enabling the ongoing boom in artificial intelligence.Kingboard Laminates Holdings Ltd., as one of the leading suppliers of the copper-based electronic laminates, is cashing in on the AI-fueled demand, telling investors it expects to post a big leap in annual profits for 2025.Through these moves, the company is aiming to push further into value-added CCL segments, hoping to capture processing margins on laminates during upcycles as well as any gains from rising raw material prices. In downturns, the internal supply cushion could help p","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TPCA":"Tropicana Entertainment Inc.","BK4587":"ChatGPT概念","BK4528":"SaaS概念","BK4547":"WSB热门概念","CCL":"嘉年华邮轮","BK4535":"淡马锡持仓","CPXR":"USCF DAILY TARGET 2X COPPER INDEX ETF","BK4588":"碎股","XME":"金属与采矿指数ETF-SPDR","BK4142":"酒店、度假村与豪华游轮","BK4517":"邮轮概念","BK4551":"寇图资本持仓","CPER":"美国铜指数基金","BK4023":"应用软件","COPJ":"SPROTT JUNIOR COPPER MINERS ETF","BK4543":"AI","AIYY":"YIELDMAX AI OPTION INCOME STRATEGY ETF","BK4585":"ETF&股票定投概念","COPX":"铜矿ETF-Global X"},"translate_title":"建滔因导电铜需求强劲而乘着人工智能热潮","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COPJ":0.71,"CCL":1,"TPCA":1,"COPX":1.5,"CPER":0.71,"AIYY":0.6,"XME":0.71,"CPXR":0.71},"content_text":"The supplier of materials for electronic circuit boards is enjoying a rush of orders for use in AI servers and advanced computing, boosting its earnings\nimage credit: Bamboo Works\nThey function as the nervous system of advanced electronics and AI hardware, with circuity made from compressed copper.\nCopper-clad laminates (CCL) serve as a base material for the circuit boards that drive electronic devices and high-performance computing, enabling the ongoing boom in artificial intelligence.\nKingboard Laminates Holdings Ltd. (1888.HK), as one of the leading suppliers of the copper-based electronic laminates, is cashing in on the AI-fueled demand, telling investors it expects to post a big leap in annual profits for 2025.\nIts parent company, the Hong Kong-based conglomerate Kingboard Holdings (0148.HK), has also flagged up a big earnings jump, forecasting that its 2025 net profit would surge 165% to more than HK$4.32 billion, driven by a rebound in its core materials business and investment activities.\nIt was not until the second half of 2024 that signs of a turnaround emerged, propelled by demand for AI servers, high-speed switching equipment and automotive electronics requiring high-grade laminates and thick copper boards. According to estimates from the Taiwan Printed Circuit Association (TPCA), global PCB output value is estimated to have reached around $92.36 billion in 2025 and could rise to about $105.2 billion in 2026.\nDriven by the demands of AI, the global CCL market is shifting from traditional applications toward higher value-added products. Market research reports project the global CCL market to have reached $14.51 billion in 2025 and to rise to around $15.67 billion in 2026, a compound annual growth rate of about 8%. The reports note that demand for high-end, low-loss and ultra-high-speed CCL products is growing much faster than for conventional laminates.\nUnlike many peers that focus solely on the end-product, Kingboard operates across the cycle from fiberglass yarn and fabric to copper foil and finished laminates, supplying most of the main raw materials itself.\nThe fiberglass elements, typically combined with resin, reinforce and insulate the conductive copper foil to protect the printed circuit boards from failing or warping.\nThe company has invested in expanding its capacity to produce those upstream substrates. In early 2026, it announced it was investing nearly 2 billion yuan (around $260 million) in its project at the Shixing Industrial Park in Guangdong, targeting electronic-grade fiberglass fabric and electronic yarn. It expects the new production lines to start coming on stream by the middle of this year, with projected output value of about 1.05 billion yuan a year.\nThrough these moves, the company is aiming to push further into value-added CCL segments, hoping to capture processing margins on laminates during upcycles as well as any gains from rising raw material prices. In downturns, the internal supply cushion could help protect the firm against volatile input costs.\nThe driving force behind the Kingboard group is founder Cheung Kwok Wing, who started in copper-clad laminates in the 1980s and steadily expanded operations to build an integrated supply chain. Kingboard Laminates was spun off from the wider group with a separate Hong Kong listing in 2006. \nUnder Cheung, the Kingboard group gained a reputation as a savvy investor. Kingboard once accumulated a sizable stake in Cathay Pacific through its two listed companies and made a big profit by trimming the holdings as the aviation sector recovered.\nExposure to troubled real estate developers proved to be less of a success for the group, but the investment strategies have provided a flexible cash flow to invest in expanding facilities for inputs such fiberglass and copper foil even when electronic materials prices languished at cyclical lows. When CCL demand rebounds, the expanded capacity allows the company to absorb new orders and lift profits.\nInvestors have been reevaluating the outlook for Kingboard Laminates, whose shares have surged about 148% to HK$24.2 over the past year, rebounding from depths of around HK$4.9 in February 2024. Since the start of 2026 alone, the stock is up roughly 83%.\nThe company looks poised for a growth phase, backed by rising volumes in high-end laminates and its integrated supply chain. As long as demand for AI and advanced electronics does not falter, there should be scope for the share price to rise.\nTo subscribe to Bamboo Works free weekly newsletter, click here\nBenzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2614285616","isCrawlerRequest":true}