Computing power infrastructure drives demand, tight supply and demand for key raw material "PPO resin" in high-end copper clad boards.

The explosion of demand for AI computing power hardware has made polyphenylene ether and its modified materials in short supply. According to multiple companies, the current supply of PPO resin is tight, and it is in a state of full production and sales. Yingxi Technology supplies all PPO products to copper-clad laminate customers, and a person from the company's securities department admitted, "Our production capacity cannot keep up, we can produce as much as our customers need." In terms of prices, a person in charge of a listed company of electronic grade resin said that compared to existing ordinary products, the prices of PPO resin products adapted to the AI computing power field can increase by 20%-30%, and some specifications may even double. Many industry insiders are optimistic about the future demand increase for high-frequency and high-speed PPO, and currently Sanquan Group, Yingxi Technology, Tongyu New Materials, and other major manufacturers are all focusing on high-frequency and high-speed resin and have planned related production capacity.