Overview

• Ibiden, a key supplier for Nvidia, reports robust demand for its AI chip substrates, with customers purchasing all available stock.
• The company is building a new substrate factory in Gifu, Japan, which is set to begin operations at 25% capacity by late 2025 and reach 50% by March 2026.
• Ibiden is in talks to expedite the remaining 50% production capacity as current plans may not suffice to meet ongoing demand.
• Shares of Ibiden rose by 5.5% in Tokyo, reflecting investor confidence in its AI-driven growth despite challenges in other sectors.
• Taiwanese competitors are eyeing the AI substrate market, but analysts believe Ibiden's advanced production capabilities and stronghold remain unmatched.