Analysts project recovery for PCB manufacturers in Q3

PCB manufacturers are expected to see improved profitability starting in the third quarter as price hikes are implemented to offset rising material costs. Analysts highlight that high-end CCL and substrate suppliers, including EMC (台光电) and Nanya PCB (南电), are benefiting from strong demand for AI GPU and ASIC high-performance computing, alongside persistent shortages of key raw materials like T-glass and copper foil drills.