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英伟达H100与B200AI服务器板卡PCB与CCL供应链
英伟达H100与B200AI服务器板卡PCB与CCL供应链
行业数据
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原图定位
图片属性
图片格式:PNG
图片大小:145KB
图片尺寸:1838*963
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所属报告:
南亚新材(688519)-A股公司首次覆盖报告:CCL供需共振驱动量价齐升公司海内外算力导入共拓新局-260205(31页).pdf
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行业数据
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行业数据
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图20.高速CCL升级驱动硅微粉填充率提升
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行业数据
2026-07-16
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行业数据
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市场规模
2026-07-16
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市场规模
2026-07-16
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行业数据
2026-07-10
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fCDlhazlj7gv57G75YirICAgfCDluILlnLrku73pop3vvIgl77yJIHwKfC0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLXwKfCDpvI7ms7Dpq5jnp5EgICB8IDE5ICAgICAgICAgICB8Cnwg6YeR5rSy57K+5belICAgfCAxOCAgICAgICAgICAgfAp8IOaXpeacrOS9keiDvSAgIHwgMTQgICAgICAgICAgIHwKfCDlsJbngrnnp5HmioAgICB8IDkgICAgICAgICAgICB8Cnwg5YW25LuWICAgICAgIHwgNDAgICAgICAgICAgIHwKCui1hOaWmeadpea6kO+8mlByaXNtYXJr77yM55Sz5LiH5a6P5rqQ56CU56m2
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AI 计算板:AI 将带动 M2-M8 全系列高速覆铜箔的应用,M9 等级材料大规模应用在即。根据 DT 芯材微信公众号,单台 AI 服务器覆铜板用量是传统服务器的 3-5 倍。在主要板卡方面,高速覆铜板需制作成高多层板以及 2-5 阶 HDI 板,并且有向更高阶数发展的趋势。根据《224G 高速互联对 PCB 及覆铜板需求和挑战》,从 112G 至 224G 标准的演进要求高频高速 CCL 的 Dk/Df 由 3.2/0.0012 进一步优化至 3.0/0.0009,旨在通过介电性能的极限提升大幅削减信号在超高频传输过程中的能量衰减与延迟。以英伟达为例,H100 HGX的 UBB 板卡主要采用 EM-890K(M7),而 2024 年发布的 B200 及 GB200 系列已全面升级为 EM-892K(M8)等级材料,显著提升了高频高速环境下的信号传输质量。
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南亚新材(688519)-A股公司首次覆盖报告:CCL供需共振驱动量价齐升公司海内外算力导入共拓新局-260205(31页).pdf
可比公司估值(可比公司盈利预测选自wind一致预期)
公司盈利预测
公司在核心配方与生产工艺领域掌握了多项核心技术
新能源汽车对覆铜板的要求
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