>>MLCC Industry Faces "Longest Shortage Cycle in History"… Supply Deficit Expected to Persist Beyond 2027 - Major Taiwanese MLCC makers—Yageo, Walsin, Holy Stone, and PDC—are strongly upbeat on the industry outlook, driven by AI demand. The industry believes this shortage could surpass the 2018 passive component supercycle. - Walsin in particular projected that the MLCC shortage could persist beyond 2027. The company expects demand to rise even further once AI PCs and AI edge devices—markets far larger than AI servers—begin to proliferate in earnest. - Yageo's book-to-bill (BB) ratio has already moved above 1.3x, and the company is responding to rising orders by ramping line utilization and clearing bottlenecks. - That said, the pace of capacity expansion is constrained by equipment shortages. According to Holy Stone, lead times for high-end MLCC production equipment run 1 to 1.5 years, making capacity additions difficult. Holy Stone expects capacity to grow 20~30% YoY this year and a further 30~40% in 2027, but warned that next year's supply shortage could in fact intensify. - Walsin is likewise tripling CAPEX this year and pursuing capacity expansion for a second consecutive year, but noted that lead times from Japanese equipment vendors run 6 to 12 months, making it hard for supply growth to keep pace with demand. AI infrastructure demand, in its view, is only just beginning.

关于AI的产业链，还有个小众的赛道：MLCC多层陶瓷电容器（Multi-Layer Ceramic Capacitor） 电子设备里最基础的被动元件，负责稳定电流、过滤噪音。每一块电路板上都有几百到几千个。 AI服务器/GPU用的MLCC比普通电子产品多得多： • 一块NVDA H100显卡需要约10,000 个MLCC • 普通手机才1,000-2,000个 数据中心爆发，导致GPU需求暴涨，所以MLCC需求跟着涨。 主要厂商，村田制作所/TDK/太阳诱电/国巨/华新科，A股的话，有风华高科（000636.SZ）A 股 MLCC 龙头，三环集团（300408.SZ）陶瓷插芯 MLCC，国瓷材料（300285.SZ）MLCC 上游陶瓷粉体 看到MLCC厂商的讨论比较少，但每一张AI芯片都离不开它。

不如去 $USD1 理财了，把我们当日本人整

感觉大家可以关注下Gate和 $USD1的理财活动👇 计算方式蛮友好的，系统每小时做一次 $USD1 余额快照（每天24次），现货、永续、交割、期权账户都算，但是不包含活期/定期理财里的 $USD1。 活动规则可以参考官方链接：gate.com/zh/announcements/ar… 目前年化最高20%（每天14:00 UTC 8更新），也不用锁仓，随时都可以交易提现，收益次日就可以到账了。 感兴趣的粉丝们可以去 Gate 搜 USD1 或首页活动入口，一起持有 $USD1 吃利息～

世界杯唯一的中国代表队是泡泡玛特，所以说段永平做多的逻辑还是非常正确的🌚

直接做多 $SPCX 是更好的选择吗？

币安钱包 SPCXx IPO 尾班车了 可以爽塞了👇

想要找Alpha而不是Beta。

全村人的希望了

GN 睡个好觉吧 我的朋友们 美股和山寨不一样不会归零

麻了，又直线下跌📉

这 $H 的价格，不同平台差这么远啊，恭喜赚到的老师了

很疑惑地一点，就是苹果为什么不做AI呢，连叙事好像都不怎么提，如果苹果所有的硬件都装上AI，那不就是无数个行走的“豆包”了。

$MRVL 拿两天费率400多刀，这谁扛得住🫪

Hyperliquid上开海力士太丝滑了哦，还能tp/sl🫪 早起收米，要慢慢习惯把仓位移到xyz上去，这样费率没那么高

韩国的朋友们请大胆抄底！ buy the dip

有Dream 买 $Dram Dram（Roundhill Memory ETF）👇 SK Hynix 海力士 MU 美光 Samsung 三星 SNDK 闪迪 里面还买了285A 铠侠 STX 希捷 相当于需要买的都cover了