CITIC Securities: Computing Power demand continues to rise, high-frequency, high-speed resin rapid iteration

Jinshi data news on February 15th, CITIC Securities research report believes that AI is rising strongly, and there is a continuous increase in Computing Power demand. The Computing Power products of overseas leading enterprises have entered a period of higher trade volumes, and the continuous iteration of Computing Power products has driven increases in hardware shipments and grade requirements. PCB, as a core link, requires improved material performance, with high-frequency and high-speed resins such as PPO and dual-horse BMI resin accelerating higher trade volumes. Looking ahead at the direction of technological iteration, electronic resins with better dielectric performance such as hydrocarbon resins and polytetrafluoroethylene resins may become the preferred materials for server upgrades.