The surging demand for PCBs continues and is expected to put further pressure on the supply chain. This is primarily driven by the rapid growth of Artificial Intelligence (AI), expanding data center infrastructure, and continued volatility in the commodities market.
NCAB reports ongoing price increases for gold, copper foil and copper-clad laminate. Since December 2025, gold prices have risen by approximately 20%, while laminate prices have increased by about 15–20%. The development of market prices remains tense and is expected to further intensify in 2026.
These developments are driven not only by cost dynamics but also by material availability. High grade materials required for advanced applications are currently in short supply. Growing demand in this segment is limiting production capacity and leading to longer lead times. This situation contributes to additional price pressure and affects the availability of materials for standard and mid technology applications.
The NCAB PCB Supply Chain Outlook outlines the macroeconomic factors influencing these trends and provides guidance for procurement leaders on securing material supply and managing costs in an increasingly supplier driven market: https://www.ncabgroup.com/pcb-supply-chain-outlook/#download
The report is updated quarterly; the February 2026 edition is now available for download.
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