AI demand drives MLCC prices up to 10x, supply gap seen through 2027
The MLCC (multilayer ceramic capacitor) market is experiencing extreme divergence, with high-capacity models for AI servers seeing price surges of up to 10x in spot markets, while consumer-grade products correct. Major manufacturers like Murata, Samsung Electro-Mechanics, and Taiyo Yuden raised prices 15-35% and reallocated capacity. Chinese manufacturers report AI orders booked through Q2 2027. Analysts forecast supply gaps persisting from Q4 2026 to H1 2027.
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MLCC Industry Rules Change as Japanese and Korean Firms Shift to High-End Production
The article argues that the MLCC (multilayer ceramic capacitor) industry is undergoing a structural transformation, not a typical cyclical shift. In September 2026, Murata Manufacturing announced a permanent halt to production of certain consumer-grade MLCCs and a ¥80 billion capital expenditure increase to focus on AI server and high-reliability products. Samsung Electro-Mechanics followed with a 25-30% price increase on low-end consumer MLCCs in Q4 2026 and capacity expansion for high-end products. Japanese firms Kyocera and Taiyo Yuden are also reallocating resources to high-end AI and automotive MLCCs. The author asserts this coordinated capacity swap by Japanese and Korean manufacturers marks the end of a decade-long cycle of low-price competition. The analysis forecasts a permanent market stratification: Japanese and Korean firms will dominate the high-end AI and automotive segments with high margins, while Chinese and Taiwanese firms will fill the mid-to-low-end gap. The article identifies a 'sub-premium' segment (automotive, industrial, telecom) as a key battleground for Chinese firms seeking technological upgrades. The author warns that failure to seize this window could lock Chinese firms into low-end production permanently.
MLCC Prices Surge on AI Demand; Chinese Orders Booked Through 2027
The article reports a sharp rise in prices for Multi-layer Ceramic Capacitors (MLCCs), driven by demand from AI servers, AI workstations, and high-speed optical modules. This surge, initiated by global leaders like Murata, Taiyo Yuden, and Samsung Electro-Mechanics, has led to price increases of 15-35% for high-capacity MLCCs used in AI applications. The article notes that some Chinese manufacturers have AI-related orders booked through the second quarter of 2027. This structural imbalance has shifted procurement strategies, with buyers locking in capacity 3-6 months in advance. China Galaxy Securities forecasts that the current MLCC cycle, catalyzed by AI, will have a longer duration, benefiting the entire supply chain. The article also highlights that the Kechuang 100 ETF (588030) saw a net capital inflow of 10.72 million yuan, reflecting investor interest in the tech-heavy index, which includes companies like Rongchang Bio and Reagent Bio.
Read sourceMLCC Concept Stocks Surge in China on Supply Tightness and AI Demand
On September 21, A-share MLCC (Multi-layer Ceramic Capacitor) concept stocks rallied, with Shuangxing New Material hitting the daily limit. The surge was triggered by a CCTV report detailing a price surge in MLCCs since May, with some hot models rising 7-8 times in a month and spot prices reaching 2-10 times original levels. Overseas leaders like Murata, Taiyo Yuden, and Samsung Electro-Mechanics issued price hike letters, with high-capacity MLCCs for AI servers rising 15-35%. However, consumer-grade MLCC prices have corrected since July due to weak demand. The market is now split: consumer-grade prices have fallen, while high-capacity MLCCs for AI servers and automotive applications remain in short supply. Companies like Shuangxing New Material and Guofeng New Material, which supply release films to the MLCC supply chain, led the gains. Demand is driven by AI devices, with MLCC usage per device increasing 2-3 times for AI workstations. Supply constraints are pushing orders to domestic Chinese manufacturers, with some AI high-end orders booked through Q2 2027. Samsung Electro-Mechanics expects AI data center MLCC market growth of 70-80% this year, and its own AI order revenue is up about 100% year-over-year. The article notes MLCC is a cyclical growth product with high volatility.
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MLCC Prices Surge Up to 10x on AI Demand, Sparking Market Divide
MLCC (multilayer ceramic capacitors), known as the 'rice of the electronics industry,' are experiencing extreme price divergence driven by AI demand. In Shenzhen's Huaqiangbei spot market, prices for some high-capacity models surged 7-8 times in June, with peaks reaching 2-10 times original prices, changing hourly. The rally was sparked by overseas leaders like Murata, Samsung Electro-Mechanics, and Taiyo Yuden raising prices 15-35% for AI server-grade components, while shifting consumer-grade capacity to AI products. By early July, consumer-grade MLCC prices corrected as downstream demand remained weak, but high-capacity models for AI servers and automotive remain in shortage. Analysts attribute the structural imbalance to AI infrastructure buildout: AI workstations require 2-3 times more MLCCs, and 1.6T optical modules need 500-1000 units each. Chinese manufacturers report orders booked through Q2 2027, with lead times extending from 6-8 weeks to 16 weeks. Domestic firms are expanding capacity, but analysts forecast supply gaps persisting until late 2026 or early 2027, with full balance unlikely before 2027.
Read sourceMLCC Concept Stocks Surge in China as Prices Spike, AI Demand Drives Supply Shift
On September 21, A-share MLCC (Multi-Layer Ceramic Capacitor) concept stocks surged, led by Shuangxing New Material hitting the daily limit. The rally was sparked by a CCTV financial report detailing extreme price volatility in the MLCC market since late May, with some hot models rising 7-8 times in a month and spot prices reaching 2-10 times original levels. Overseas leaders including Murata, Taiyo Yuden, and Samsung Electro-Mechanics issued price hike letters, with AI server-grade high-capacity MLCCs rising 15-35%. The market has since split: consumer-grade MLCC prices have corrected after peaking in early July, while AI server and automotive-grade high-capacity models remain in shortage with extended lead times. Chinese firms like Three Ring (Sanhuan Group) reported strong earnings, with H1 revenue up 54.82% and net profit up 56.18%. Samsung Electro-Mechanics expects AI data center MLCC market growth of 70-80% this year, with its own AI order revenue up ~100% year-on-year. Goldman Sachs issued a buy rating on Samsung Electro-Mechanics with a 12-month target price of 2.25 million won, implying 60.7% upside. The article notes that some leading stocks, like Shuangxing New Material, do not produce MLCCs but supply upstream materials, indicating speculative trading has spread beyond core manufacturers.
Read sourceMLCC Concept Stocks Surge on AI Demand and Murata Production Cuts
On September 21, MLCC (multilayer ceramic capacitor) concept stocks surged in early trading, with Double Star New Material (002585) rising 4 times in 7 days and Huaci Porcelain (001216) hitting 5 consecutive daily limits. The rally follows a price surge that began in late May, sparked by overseas leaders like Murata. According to CCTV Finance, spot prices in Shenzhen's Huaqiangbei market rose rapidly, with some popular models increasing 7 to 8 times in a month and being traded at 2 to 10 times their original price. The core driver is demand from AI servers, AI workstations, and high-speed optical modules. Murata recently announced it will stop production of some MLCC models by fiscal 2026, covering consumer and automotive grades, to shift capacity to high-value AI server products. McGo Securities forecasts that AI server MLCC demand will reach 680 billion units in 2026, 1.378 trillion in 2027, and 3.125 trillion in 2028, with year-on-year growth of 103% and 127% in 2027 and 2028. Combined demand from automotive and consumer electronics is expected to reach 3.1 trillion, 3.5 trillion, and 4.0 trillion units over the same period. The widening supply-demand gap and rising high-capacitance penetration support an upward price trend for MLCCs.
Read sourceMLCC Concept Stocks Surge: 5 Consecutive Limit-Ups, 7-Day 4 Limit-Ups on AI Server Demand
On September 21, MLCC (multilayer ceramic capacitor) concept stocks surged in morning trading, with Shuangxing New Material hitting 4 limit-ups in 7 days and Huaci Porcelain achieving 5 consecutive limit-ups. According to CCTV Finance, the current MLCC price hike was ignited by overseas leaders like Murata in late May, with spot prices in Shenzhen's Huaqiangbei rising 7-8 times for some popular models in a month. The core driver is the iterative upgrade of AI servers, AI workstations, and high-speed optical modules. Murata recently announced it will stop production of some MLCC part numbers by fiscal 2026, covering consumer and automotive specifications, to free capacity for high-value AI server products. Maigao Securities forecasts AI server MLCC demand will reach 68 billion, 137.8 billion, and 312.5 billion units from 2026 to 2028, with year-on-year growth of 103% and 127% in 2027 and 2028. Combined with automotive and consumer electronics demand, the supply-demand gap is expected to widen, supporting a price uptrend.
Read sourceMLCC Concept Stocks Surge on AI Server Demand, Murata Product Line Optimization
On September 21, MLCC (multilayer ceramic capacitor) concept stocks surged in early trading, with Shuangxing New Material hitting its fourth limit-up in seven days and Huaci Porcelain its fifth consecutive limit-up. The rally follows a price surge ignited by overseas leader Murata in late May, with spot prices in Shenzhen's Huaqiangbei market rising 7-8 times for some popular models in June. The core driver is demand from AI servers, AI workstations, and high-speed optical modules. Murata recently announced it will stop production of certain low-margin MLCC models by fiscal 2026 to free capacity for high-value AI server products. McGo Securities forecasts AI server MLCC demand will reach 68 billion units in 2026, 137.8 billion in 2027, and 312.5 billion in 2028, with year-on-year growth of 103% and 127% in 2027-2028. Combined automotive and consumer electronics MLCC demand is expected to grow 16% and 15% annually over the same period, widening the supply-demand gap and supporting price increases.
Read sourceMLCC Prices Surge Up to 10x as AI Server Demand Drives Industry Restructuring
MLCC (multilayer ceramic capacitor) prices have surged dramatically, with some popular models rising 7-8 times in a month and spot prices reaching 2-10 times original levels, according to CCTV Finance. The price rally, which began in late May, has seen spot markets in Shenzhen's Huaqiangbei adjust prices hourly. The surge is driven by AI server demand, creating a stark divergence: high-capacity MLCCs for AI and automotive remain in shortage with rising prices, while consumer-grade products have seen price corrections. Major manufacturers including Yageo, Samsung Electro-Mechanics, Taiyo Yuden, and Murata have announced price hikes or capacity reallocations toward AI server products. Samsung Electro-Mechanics signed a record 52 billion won long-term supply agreement for AI server MLCCs through 2027. Multiple Chinese brokerages (China Galaxy, Guojin, Shenwan, Kaiyuan, Dongwu, CITIC, CICC) forecast sustained price increases, citing AI-driven demand growth outpacing capacity expansion, structural shortages, and a shift from consumer electronics cycles to genuine capital expenditure-driven demand. The article notes that domestic Chinese manufacturers face opportunities in import substitution but must overcome barriers in high-end materials, precision equipment, and customer certification.
Read sourceMLCC Prices Surge Up to 10x on AI Demand; Supply Gap Seen Until 2027
According to reports from CCTV Finance and other sources, the multilayer ceramic capacitor (MLCC) market is experiencing extreme divergence driven by AI demand. High-capacity MLCCs used in AI servers are seeing shortages and price surges, with some spot prices rising 7-8 times in a month and up to 10 times the original price. In contrast, consumer-grade products have peaked and declined. The price rally began in late May after AI demand news hit the market, leading overseas giants like Murata, Taiyo Yuden, and Samsung Electro-Mechanics to issue price hike letters, with increases of 15-35% for AI server MLCCs. Channel distributors began hoarding, causing spot prices to change hourly. Institutions forecast that the supply gap for high-end MLCCs will persist from Q4 2026 to H1 2027, with some relief after new capacity comes online in H2 2027, but full supply-demand balance is unlikely for the year.
Read sourceMLCC Rally Continues: AI Demand Drives Price Surge, Financing Investors Buy Stocks
According to East Money, citing CCTV Finance, the MLCC (multilayer ceramic capacitor) market is experiencing a sustained price rally driven by surging AI industry demand. The price hike, initially sparked by overseas leaders like Murata in late May, has intensified in June. The market shows structural divergence, with high-end products outperforming general-purpose ones. Murata announced a product line optimization, discontinuing some low-margin MLCC part numbers to shift capacity to high-value AI server products. Maigao Securities forecasts a widening supply-demand gap for MLCC in AI servers and traditional sectors, projecting AI server MLCC demand of 68 billion units in 2026, 137.8 billion in 2027, and 312.5 billion in 2028. Institutions view Q4 as a key verification window for high-end MLCC shortages, with supply gaps expected to persist through H1 2027. The article also lists MLCC concept stocks with significant net margin buying this month, including Shuangxing New Material, Fenghua High-Tech, and others. Guojin Securities and Shenwan Securities both express bullish views on the MLCC supply chain due to AI and smart driving demand.
Read sourceMLCC Prices Surge Up to 10x in Spot Market, AI Server Demand Drives Divergent Trends
A report from CCTV Finance, republished by Sina Finance, details a dramatic surge in multilayer ceramic capacitor (MLCC) prices, driven by AI server demand. The price rally, initially sparked by overseas leaders like Murata, Samsung Electro-Mechanics, and Taiyo Yuden, saw official price increases of 15-35% for high-capacity MLCCs used in AI servers. In the Shenzhen Huaqiangbei spot market, prices fluctuated wildly, with some popular models rising 7-8 times in June and spot prices reaching 2-10 times the original cost. By early July, consumer-grade MLCC prices corrected, with a common model (0603-104) dropping from a peak of 30 yuan per 1,000 units to 10 yuan. However, high-capacity MLCCs for AI servers and automotive applications remain in shortage and continue to rise. Enterprises producing AI computing terminals report that upgrading from a standard mini PC to an AI workstation increases MLCC usage by 2-3 times, with high-capacity demand nearly doubling. High-speed optical modules are also a major growth driver, with related communication firms seeing Q3 orders double year-on-year. Some domestic manufacturers' AI high-end orders are booked through Q2 2027, and procurement lead times have extended from 1-2 months to 3-6 months.
Read sourceAI Demand Drives MLCC Price Surges Up to Tenfold, Market Shows Extreme Divergence
The article reports on extreme divergence in the MLCC (multilayer ceramic capacitor) market, driven by AI computing demand. High-capacity MLCCs used in AI servers and automotive applications are experiencing severe shortages and price surges, with spot prices in Shenzhen's Huaqiangbei market rising up to tenfold and being updated hourly. This was triggered by overseas leaders like Murata, Taiyo Yuden, and Samsung Electro-Mechanics raising factory-gate prices by 15-35%. In contrast, consumer-grade MLCCs have pulled back after a speculative peak in late June. Analyst Hu Yang notes the demand cycle is shifting from consumer electronics to AI and new energy vehicles. Domestic manufacturers are accelerating capacity expansion, with orders for high-end AI specifications booked through Q2 2027. Institutional forecasts indicate the supply gap for high-end MLCCs will persist from Q4 2026 to H1 2027, with full balance unlikely in 2027.
Read sourceAI Reshapes MLCC Supply-Demand: High-End Orders Extend to 2027 as Shortages and Price Hikes Continue
This article from East Money reports that the MLCC (Multi-Layer Ceramic Capacitor) market is experiencing a divergence driven by AI demand. High-capacity MLCCs used in AI servers are in severe shortage, with prices surging and orders extending to 2027, while consumer-grade products have seen price corrections. Major manufacturers like Yageo, Samsung Electro-Mechanics, Taiyo Yuden, and Murata have announced price hikes or capacity reallocation to prioritize AI server components. Samsung Electro-Mechanics signed a record 52 billion yuan long-term supply agreement for AI server MLCCs. Analysts from China Galaxy, Guosheng Securities, and others believe this AI-driven cycle is sustainable and will benefit the MLCC supply chain, including domestic Chinese manufacturers. The article lists several Chinese concept stocks, such as Fenghua High-Tech and Boran New Materials, which are expected to see significant profit growth this year.
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