CITIC Securities: Benefiting from the MLCC cycle uptrend, domestic manufacturers may accelerate breakthroughs in high-spec products such as servers and automobiles.

On the 26th, Citic Securities released a research report stating that MLCC is widely used in servers and optical modules, and is expected to benefit from the increase in server power, vertical power supply, and upgrades to 800V, leading to opportunities for price increases. Currently benefiting from the booming demand for AI, the MLCC industry is entering a new cycle of price increases and prosperity, with institutions optimistic about local manufacturers seizing the opportunity for development and accelerating the breakthrough of high-specification products such as servers and automotive regulations.