AI server capacitor shortage set to peak in 2027, boosting Samsung Electro-Mechanics

What happened: TrendForce expects the high-end MLCC shortage to be most severe in the first two quarters of 2027. Samsung Electro-Mechanics disclosed an 879.3 billion won AI server MLCC supply contract, and Murata plans a capacity expansion. Key Why it matters: Demand is spreading from graphics processors to server CPUs, DDR5 memory and networking gear, with Nvidia's Vera Rubin platform ramping from the fourth quarter and AMD procuring MLCCs for MI450. TrendForce expects high-end MLCC supply to stay tight through the first half of 2027, with first-quarter pricing talks starting this month.

TrendForce expects the high-end MLCC shortage to be most severe in the first two quarters of 2027. Samsung Electro-Mechanics disclosed an 879.3 billion won AI server MLCC supply contract, and Murata plans a capacity expansion. Key

Demand is spreading from graphics processors to server CPUs, DDR5 memory and networking gear, with Nvidia's Vera Rubin platform ramping from the fourth quarter and AMD procuring MLCCs for MI450. TrendForce expects high-end MLCC supply to stay tight through the first half of 2027, with first-quarter pricing talks starting this month.