AI server cooling drives packaging-material upgrades; Goldman Sachs sees profit growth at Sumitomo Bakelite
Goldman Sachs expects Sumitomo Bakelite’s semiconductor materials business profit to grow at an annualized rate of 43% over the three years ending March 2029. Upgrades to high-thermal-conductivity products, satellite applications and the proposed acquisition of Kyocera’s chemicals business are the main drivers.
Goldman Sachs ·