Xingsen Technology Guides Q1-Q3 2026 Net Profit Up 204%-227% on AI-Driven PCB Demand

The guidance points to where AI capex is actually landing: printed circuit boards, a comparatively unglamorous layer of the supply chain that nonetheless captures demand from AI infrastructure buildout. The composition matters as much as the growth — product mix, pricing and cost discipline, plus the Yixing Silicon Valley unit's swing to profit, suggest operational leverage rather than volume alone. The open question is whether pricing power in PCBs holds as capacity responds, and whether the unit's turnaround proves durable or one-off.