# High End AI Server PCB Market

> High End AI Server PCB Market: USD 7.65 billion in 2026, USD 23.72 billion by 2035, a 17.39% CAGR from 2025, as AI racks add switch trays and midplanes.

Publisher: DC Market Insights  
Author: Amit Jain, DC Market Insights  
Published: 2026-10-26  
Last updated: 2026-10-26  
Next review: Apr 2027  
Page: https://www.dcmarketinsights.com/report/high-end-ai-server-pcb-market

## Key takeaways

- Rack-Scale Systems Turn One Server Board into Four
- Thailand Draws More Than THB 200 Billion of PCB Projects
- Low-CTE Glass Cloth Stays Short Until FY2027
- USD 14.23 billion of Extreme Low Loss Boards by 2035

**Frequently Asked Questions**

**What is the size of the High End AI Server PCB Market in 2026?**

USD 7.65 billion in 2026, up 60.34% from USD 4.77 billion in 2025, according to DC Market Insights estimates. The market is projected to reach USD 23.72 billion by 2035, a CAGR of 17.39% from 2025.

**How fast is the AI server PCB market growing?**

17.39% a year from 2025 to 2035, after 97.44% a year from 2020 to 2025, because accelerator shipments flatten after 2028 while PCB content per GPU rises from USD 560 to USD 920.

**How much PCB value is in an AI server rack?**

About USD 40,320 of bare boards per 72-GPU rack in 2025, or USD 560 per GPU, rising to USD 61,200 by 2030 as switch trays and midplanes are added (DC Market Insights estimates).

**Why do AI servers need high-layer and HDI boards?**

Because 112G and 224G links and dense accelerator modules need short, low-loss signal paths: boards above 30 layers grow 20.20% a year and high-order HDI boards 19.43% a year to 2035.

**What is a PCB midplane in AI racks?**

A large board that replaces cable cartridges between compute and switch trays. NVIDIA plans one for its Kyber rack in the second half of 2027; switch tray boards and midplanes grow 24.28% a year.

**Which laminate grade grows fastest in AI server PCBs?**

Extreme low loss M8 and M9 class laminate, from USD 954.24 million in 2025 to USD 14.23 billion by 2035, 31.02% a year, reaching 60% of board value.

**Who are the leading high end AI server PCB makers?**

Victory Giant Technology leads with about 18% of 2025 value; with Gold Circuit Electronics, WUS Printed Circuit, TTM Technologies and Shennan Circuits the top five hold about 55% (DC Market Insights estimate).

**Where are AI server PCBs made?**

China made 52.0% of 2025 board value and Taiwan 22.0%; Thailand and Vietnam rise from 16.0% to 30.0% by 2035 as more than 180 PCB projects worth over THB 200 billion seek Thai promotion.

**Which region leads the high end AI server PCB market?**

North America, with USD 2.83 billion or 59.4% of 2025 value by deployment. The Middle East and Africa grows fastest at 21.30% a year, and India is the fastest large country at 25.10%.

**Why do AI server PCB market estimates differ?**

USD 7.65 billion in 2026 is the DC Market Insights value of bare boards in AI servers and scale-up switch trays only. Estimates that add IC substrates, scale-out switch boards, general servers or assembly come out larger.

## Dataset

| Series | Value | Unit |
| --- | --- | --- |
| Market size 2025 | 4,770 | USD million |
| Revenue CAGR | 17.39 | % |
| Market size 2035 | 23,720 | USD million |

## Frequently asked questions

### What is the size of the High End AI Server PCB Market in 2026?

USD 7.65 billion in 2026, up 60.34% from USD 4.77 billion in 2025, according to DC Market Insights estimates. The market is projected to reach USD 23.72 billion by 2035, a CAGR of 17.39% from 2025.

### How fast is the AI server PCB market growing?

17.39% a year from 2025 to 2035, after 97.44% a year from 2020 to 2025, because accelerator shipments flatten after 2028 while PCB content per GPU rises from USD 560 to USD 920.

### How much PCB value is in an AI server rack?

About USD 40,320 of bare boards per 72-GPU rack in 2025, or USD 560 per GPU, rising to USD 61,200 by 2030 as switch trays and midplanes are added (DC Market Insights estimates).

### Why do AI servers need high-layer and HDI boards?

Because 112G and 224G links and dense accelerator modules need short, low-loss signal paths: boards above 30 layers grow 20.20% a year and high-order HDI boards 19.43% a year to 2035.

### What is a PCB midplane in AI racks?

A large board that replaces cable cartridges between compute and switch trays. NVIDIA plans one for its Kyber rack in the second half of 2027; switch tray boards and midplanes grow 24.28% a year.

### Which laminate grade grows fastest in AI server PCBs?

Extreme low loss M8 and M9 class laminate, from USD 954.24 million in 2025 to USD 14.23 billion by 2035, 31.02% a year, reaching 60% of board value.

### Who are the leading high end AI server PCB makers?

Victory Giant Technology leads with about 18% of 2025 value; with Gold Circuit Electronics, WUS Printed Circuit, TTM Technologies and Shennan Circuits the top five hold about 55% (DC Market Insights estimate).

### Where are AI server PCBs made?

China made 52.0% of 2025 board value and Taiwan 22.0%; Thailand and Vietnam rise from 16.0% to 30.0% by 2035 as more than 180 PCB projects worth over THB 200 billion seek Thai promotion.

### Which region leads the high end AI server PCB market?

North America, with USD 2.83 billion or 59.4% of 2025 value by deployment. The Middle East and Africa grows fastest at 21.30% a year, and India is the fastest large country at 25.10%.

### Why do AI server PCB market estimates differ?

USD 7.65 billion in 2026 is the DC Market Insights value of bare boards in AI servers and scale-up switch trays only. Estimates that add IC substrates, scale-out switch boards, general servers or assembly come out larger.

## How to cite

Data Center Market Research & Consulting | DC Market Insights, "High End AI Server PCB Market", updated 2026-10-26, https://www.dcmarketinsights.com/report/high-end-ai-server-pcb-market