Stock Markets May 12, 2026 01:33 PM

Bank of America Identifies Electrical Infrastructure Suppliers Poised to Serve Data Centers

Investment bank lists 67 firms; excerpt highlights manufacturers of circuit boards, power systems and cables across Asia and Europe

By Priya Menon

Bank of America compiled a list of 67 companies it views as positioned to supply equipment and components for data center infrastructure. An excerpt of the ranking presented companies placed from 47 to 38, spanning manufacturers of printed circuit boards, electrical equipment, power transmission products, server and storage systems, and cable makers located across Asia and Europe. The list includes firms such as Ibiden, Gold Circuit, LS Electric, Wiwynn, Sieyuan Electric, HD Hyundai Electric, Shennan Circuit, NARI Technology, Quanta, and Prysmian.

Bank of America Identifies Electrical Infrastructure Suppliers Poised to Serve Data Centers

Key Points

  • Bank of America ranked 67 companies relevant to data center infrastructure, with the excerpt presenting firms ranked 47 to 38.
  • The highlighted companies manufacture critical components and systems for data centers, including printed circuit boards, electrical equipment, server and storage solutions, and cables.
  • The firms in the excerpt are primarily located in Asia and Europe and represent established suppliers across multiple product categories in the data center supply chain.

Bank of America has released an assessment that ranks 67 companies it considers relevant to the supply chain supporting data center infrastructure. The portion of the ranking shown in this excerpt covers positions 47 through 38 and focuses on firms that manufacture components and systems widely used in data center operations - from printed circuit boards to power and cable systems.

The bank's review centers on companies that produce core electrical and electronic hardware. These mid-tier ranked names are established in their markets and carry varying degrees of exposure to demand from data center builds and expansions. The companies listed operate primarily across Asia and Europe and supply parts and systems used to build and maintain computing facilities.

Below are the companies featured in the excerpt, with brief descriptions of the products and market roles cited by the bank:

  1. Ibiden (4062 JP) - A Japanese manufacturer of printed circuit boards and ceramic products for electronic applications. In recent developments, Ibiden Co Ltd reported fourth-quarter 2025 earnings that exceeded analyst forecasts, registering an EPS of 117.14 and revenue of 117.58 billion for the quarter.
  2. Gold Circuit (2368 TT) - A Taiwan-based printed circuit board manufacturer serving various industrial applications.
  3. LS Electric (010120 KS) - South Korea's LS Electric produces electrical equipment and automation systems for industrial and infrastructure projects.
  4. Wiwynn (6669 TT) - A Taiwan company that designs and manufactures server and storage solutions for cloud computing infrastructure.
  5. Sieyuan Electric (002028 CH) - A Chinese manufacturer of electrical equipment and power transmission products.
  6. HD Hyundai Electric (267260 KS) - A South Korean electrical equipment maker supplying power systems and industrial equipment.
  7. Shennan Circuit (002916 CH) - A Chinese producer of printed circuit boards for telecommunications and computing applications.
  8. NARI Technology (600406 CH) - A Chinese technology company providing electrical equipment and automation solutions aimed at power grid operations.
  9. Quanta (2382 TT) - A Taiwan-based manufacturer of notebook computers and server products for major technology brands.
  10. Prysmian (PRY IM) - An Italian cable manufacturer producing cables and systems used in energy and telecommunications infrastructure.

Bank of America's ranking is intended to give investors a structured way to view suppliers that support data center infrastructure across multiple product categories and geographic markets. The list includes component-level manufacturers such as printed circuit board producers, electrical equipment and automation providers, server and storage system vendors, and cable makers that serve energy and telecom needs.

While the ranking covers a broad mix of suppliers, the excerpt emphasizes firms that are established participants in their respective segments and that have product lines relevant to data center construction and maintenance. The companies noted operate across several countries and regions, reflecting the multinational nature of the data center supply chain.

This excerpt offers investors a focused snapshot of mid-ranked firms on Bank of America's broader list, showing the variety of product categories involved in data center infrastructure - from boards and components to power distribution and cabling systems.

Risks

  • Varying exposure to data center demand among the listed companies creates uncertainty for investors assessing individual company upside - impacts electronics and industrial equipment sectors.
  • Geographic concentration of suppliers across Asia and Europe could lead to regional market or regulatory risks affecting supply and revenue - impacts manufacturing and infrastructure sectors.
  • Mid-tier ranking status of the companies in the excerpt implies differing competitive positions and market dynamics, which may lead to variable financial performance - impacts industrials and technology hardware sectors.

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