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Amotech Hits Daily Limit on AI-Driven MLCC Growth Prospects
Electronic Technology · Electronic Components · yonhap_finance · 2026-09-11
052710
Amotech shares surged to the daily limit as expectations rise for its MLCC business to expand into the AI sector, driven by strong projected demand.
What Happened
Stock Surge: KOSDAQ-listed Amotech closed at its daily limit on the 11th, rising 29.98% to 15,130 KRW. The rally marks a significant rebound following recent downward pressure caused by factors such as a capital increase.
Growth Catalyst: IBK Securities analyst Kim Un-ho highlighted the growth of the Multi-Layer Ceramic Capacitor (MLCC) business as the primary investment thesis. The company is expected to shift its focus from automotive clients to AI-related customers starting in 2026.
AI Market Strategy: Amotech aims to double its MLCC revenue annually, with plans to maintain an AI-related revenue share of 70% to 80%. Key prospective clients identified for this expansion include Coherent and InnoLight.
Outlook: The stock's performance reflects growing optimism regarding the company's second-half earnings recovery. Analysts suggest that the rising demand for AI infrastructure will serve as a long-term driver for Amotech's financial performance.