AI demand lifts MLCC profits — and Chinese rivals

The AI boom is turning multilayer ceramic capacitors into a major profit engine, with leading suppliers raising prices, locking in long-term orders and racing to expand capacity as data center demand outstrips supply. But the rush toward premium MLCCs is reshaping the industry beyond artificial intelligence. As Korean and Japanese suppliers shift production to higher-margin components for AI servers and vehicles, Chinese manufacturers are moving quickly to capture the smartphone and consumer ele