on 30-Jan-2026 Euan McLeish +81 3 5962 9611 euan.mcleish@bernsteinsg.com David Dai, CFA +852 2918 5704 david.dai@bernsteinsg.com PRIMER 30 January 2026 Asia Tech Hardware Asia Tech Hardware: AI PCB primer (part 1)- technology & supply chain Alex Wang, CFA +852 2123 2613 alex.wang@bernsteinsg.com HDI demand (c.US$15bn) is also accelerating, with its share of the PCB market rising roughly 5ppt last year to around 20%. HDI for AI servers (e.g. compute tray in the GB300 rack) requires more layers, more microvia ...