MLCC Inventory Drops Below 30 Days as AI Demand Surges

AI server demand drives MLCC inventory below 30 days, causing price spikes. Leopold’s fund holds Taiyo Yuden shares at a loss, while Serenity increases its position in the manufacturer.

Woofun AI reports that Serenity disclosed Leopold's Situational Awareness fund holds approximately 5.99% of Taiyo Yuden shares, with an average cost of 17,446 yen against a current price of 9,797 yen. Taiyo Yuden recorded June shipments of 40 billion units, a five-year monthly high, driven by AI server demand for high-capacity, low-voltage MLCCs. Serenity stated it has increased its own holdings in the company. Leading manufacturers in South Korea and Japan are shifting capacity from consumer-grade to AI-spec products, pushing mid-to-high capacity consumer MLCC inventory below 30 days and raising distribution prices. The AI supply bottleneck is extending from GPUs and memory to small circuit board components.