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AI server upgrade wave arrives, Goldman Sachs: Effective supply of high-end copper foil is severely insufficient, supply shortage may become the "new normal" in the next three years.

AI server upgrade wave arrives, Goldman Sachs: Effective supply of high-end copper foil is severely insufficient, supply shortage may become the "new normal" in the next three years.

Accelerated iteration of AI servers is reshaping the landscape of the PCB copper foil industry. Goldman Sachs’ latest research report points out that as demand for high-end HVLP copper foil enters the phase of large-scale adoption in the second half of 2026, supply-demand imbalance will continue to intensify over the
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