Serenity comments on Leopold's heavy position in Taiyo Yuden: AI bottlenecks are spreading to the smallest electronic components, and MLCCs are poised to see robust demand.

Serenity stated in a post that it was previously unaware that 25-year-old rising Wall Street AI stock prodigy Leopold was also an investor in MLCC bottleneck plays, until the latest holdings disclosure revealed his fund Situational Awareness holds approximately 5.99% of Japanese MLCC maker Taiyo Yuden. As of June 29, Leopold’s average cost per share is roughly 17,446 yen, while the current share price stands at around 9,797 yen, resulting in a significant unrealized loss. Taiyo Yuden is one of the world’s largest MLCC manufacturers; its June shipments hit 40 billion units, a five-year monthly high, and it, along with Murata and Samsung Electro-Mechanics, has benefited from surging demand for high-capacitance, low-voltage, small-size MLCCs from AI servers. Serenity added that it has also increased its position in Taiyo Yuden today to show support. Recently, leading MLCC manufacturers in South Korea and Japan have been rapidly shifting their consumer-grade production capacity to higher-spec products for AI applications, pushing inventories of mid-to-high capacitance consumer MLCCs below 30 days and driving channel prices sharply higher, as AI bottlenecks spread beyond GPUs and memory to the smallest components on circuit boards.