Chinese Manufacturer Dongshan Raises $1.3 Billion in HK Listing
THE SO WHAT
Capital is still flowing into AI-adjacent hardware even as front-end AI multiples wobble—$1.3 billion into a PCB maker is a bet that board-level demand from accelerators and servers has a long runway. If you’re upstream or downstream of AI infra, funding windows may stay open longer than sentiment around pure-play model companies suggests.
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