Victory Giant to Invest $444M in New AI Circuit Plant in Huizhou

Chinese PCB maker Victory Giant Technology is investing at least US$444 million in a new plant in Huizhou, Guangdong, to meet surging demand for AI-related electronic circuits. The company, a supplier to Nvidia, will build an 'AI high-end electronic circuit smart manufacturing' facility on a 100,000-square-metre industrial land plot. The investment includes a minimum of 2 billion yuan for fixed assets, with the land itself costing 66.5 million yuan. Victory Giant is negotiating new orders with major US firms, capitalizing on demand from GPU and ASIC makers. Its supply pipeline for Nvidia's next-generation Kyber rack system is progressing smoothly. The company's Hong Kong-listed stock rose 4.4% to HK$231 on Thursday. The announcement follows a recent filing by city authorities detailing the land purchase.