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Unrelenting AI demand spawns new plant for Chinese PCB maker Victory Giant

Nvidia supplier to invest at least US$444 million in plant for ‘AI high-end electronic circuit smart manufacturing’ in southern city Huizhou

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A production line at Victory Giant Technology in Huizhou, in southern China’s Guangdong province. Photo: Handout
Ann Caoin Shanghai
Chinese printed circuit board (PCB) maker Victory Giant Technology is aggressively expanding its manufacturing footprint and international order book, highlighting relentless growth momentum across China’s artificial intelligence hardware sector.

The Guangdong-based company has been negotiating new orders with major US firms, as it capitalises on surging demand from makers of both graphics processing units (GPUs) and application-specific integrated circuits (ASICs) used in AI computing, according to a source familiar with the matter.

The source added that Victory Giant’s supply pipeline for Nvidia’s next-generation Kyber rack system was “progressing smoothly”.

To meet the rising demand, the company is ramping up production in its home province. It acquired a 100,000-square-metre (1.08 million sq ft) industrial land plot in the southern city of Huizhou, earmarked for an “AI high-end electronic circuit smart manufacturing” facility, according to recent public disclosures.

Victory Giant did not immediately respond to a request for comment on Thursday. The company’s Hong Kong-listed stock gained 4.4 per cent to HK$231 on Thursday.

The latest moves by the PCB giant, which listed in Hong Kong in April, underscore its ambition to become a leading global supplier of high-end PCBs for AI computing, as major domestic PCB makers are in a heated race to ramp up their production capacity and gain market share.

The land purchase requires a total investment of at least 3 billion yuan (US$444 million), including a minimum of 2 billion yuan dedicated to fixed assets, according to a recent filing disclosed by city authorities. The land sold for 66.5 million yuan.

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