Kingboard Laminates Jumps as JPMorgan Starts Coverage With Overweight

The significance here is less the rating than the supply-side thesis: JPMorgan is framing Kingboard's earnings trajectory around a fiberglass fabric shortage running to at least 2027, with mid-to-high-end electronic-grade copper foil tightness deepening after that. That positions the company as a bottleneck beneficiary rather than a demand story, which matters for anyone tracking AI-driven substrate and laminate supply chains. The open question is whether the projected capacity and loom additions arrive fast enough to capture the shortage window, or whether they coincide with relief in materials supply.