Stock Track | KB LAMINATES Soars 5.04% Intraday on Fourth Price Hike and Strong NVIDIA-Linked Demand

Stock Track

May 28

KB LAMINATES' stock price surged 5.04% during Thursday's intraday trading session, extending its recent upward momentum.

The sharp rise follows the company's announcement of its fourth price increase this year, raising board material prices by 10% and prepreg (PP) prices by 20% effective immediately. The company cited elevated copper prices and rising glass cloth costs amid increasingly tight supply conditions. This cumulative price hike, exceeding 40% for the year, underscores Kingboard Laminates' dominant pricing power as the world's largest rigid CCL manufacturer.

Further fueling investor optimism, a recent Morgan Stanley analysis of NVIDIA's next-generation Rubin rack revealed a 233% surge in PCB value, making it the top non-memory value gainer. This has led to extraordinary pre-orders from Korean PCB manufacturers with Chinese CCL suppliers like Kingboard Laminates over supply disruption concerns, extending lead times for high-end products beyond six weeks and boosting sector sentiment.

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