Kingboard Holdings AI Materials Play Surges 135% in June
Kingboard Holdings (SEHK:148) posted a 135.43% increase in its share price in June, lifting its cumulative return since identification by ProPicks AI to 612.12% over the past 16 months. The rally followed two simultaneous announcements: a HK$11.77 billion (approximately US$1.5 billion) stake sale of its laminate subsidiary and the company's fifth product price increase of 2026. All proceeds from the stake sale are earmarked for expanding printed‑circuit‑board (PCB) capacity and research‑and‑development, while the price hikes—driven by rising copper costs and tightening glass‑cloth supply—have reinforced pricing power across its FR‑4 and PP product lines.
Kingboard, one of the world’s largest producers of FR‑4 laminate, also manufactures copper foil, glass fabric and epoxy resin, sourcing more than 70% of its raw materials across more than 60 factories in China and Thailand. Revenue reached US$5.5 billion in 2025. In 2026 the company added HVLP3 copper foil and ultra‑thin VLP copper foil designed for AI‑server GPU motherboards and IC substrate packaging. Capacity at its Thailand facility is being scaled from 600,000 sheets per month toward a target of 1.8 million sheets per month.
ProPicks AI first flagged Kingboard in February 2025 when the electronics sector was emerging from a multi‑year downturn. The model identified tightening laminate supply, accelerating AI‑server demand and Kingboard’s vertically integrated structure as catalysts. Since that identification, the stock’s total return has risen to 612.12%, outpacing broader market moves.
The article also notes other AI‑related equities that posted strong June performance: AlRajhi Takaful (SASE:8230) up 104.76%; Dian Swastatika (IDX:DSSA) up 74.80%; Tokyo Electron (TSE:8035) up 45.74% in June and 62.97% since selection; Megaport Ltd (ASX:MP1) up 43.28% in June and 118.79% since selection; and several U.S. names including Marvell Technology (+41.54%), Veeco (+39.13%), Onto Innovation (+30.52%) and Amneal Pharmaceuticals (+25.66%).
Tokyo Electron reported Q4 2026 revenue of ¥2,443.5 billion, a record, and projected more than 20% growth in global semiconductor‑equipment spending for both 2026 and 2027. AI‑chip sales now represent roughly 40% of its total revenue, and the company announced a ¥150 billion share buyback covering up to 7.5 million shares.
Megaport, which operates a software‑defined network across over 1,100 data centres in 31 countries, posted annualised recurring revenue of A$277.7 million in April, a 25% year‑on‑year increase, and secured an underwritten A$827.3 million raise in June to fund the next phase of its globally‑distributed AI inference cloud.
Dian Swastatika, part of Indonesia’s Sinar Mas group, spans coal, power generation, data‑centre operations, internet services and the Nusantara Lima satellite, the highest‑capacity satellite in Asia, now operational.
The piece concludes that the AI‑driven demand wave is propagating through the entire technology stack—from raw materials and equipment to connectivity and infrastructure—providing multiple high‑conviction opportunities identified by the ProPicks AI platform, which has delivered a cumulative 227.24% return since its launch in November 2023, outperforming the S&P 500 by 150.15%.