Industry Overview - The PCB market is experiencing a resurgence, with significant stock price increases for companies like Shenghong Technology and Fangzheng Technology, among others [1] - AI technology is driving the PCB industry towards high-density and precision development, leading to increased demand for core equipment upgrades [1] - The global electronics industry is undergoing a new wave of technological iteration, with AI servers significantly raising performance requirements for PCB products [1] Market Growth Projections - According to Prismark, the global PCB industry is expected to reach a total output value of $73.565 billion in 2024, representing a year-on-year growth of 5.8% [2] - By 2029, the global PCB output value is projected to reach $94.661 billion, with a compound annual growth rate of approximately 5.2% from 2024 to 2029 [2] Company Developments - Companies like Guangzhou Guanghe Technology and Chongda Technology are actively engaging with well-known clients in the AI server PCB sector [3] - Shengyi Technology plans to invest approximately 1.9 billion yuan in a smart manufacturing project for high-layer count circuit boards [3] - Pengding Holdings intends to invest 8 billion yuan in the Huai'an Industrial Park to expand production capacity for SLP, high-end HDI, and HLC products [3]