Nobody is asking who makes the <$1 multi-layer ceramic capacitor (MLCC) that keeps voltage stable across every chip i…
SemiAnalysis Twitter · SemiAnalysis (@SemiAnalysis_) · 2026-06-05
SemiAnalysis flags multi-layer ceramic capacitors (MLCCs) as an overlooked but critical AI server supply chain bottleneck, with tens of thousands required per rack and prices rising amid extended lead times.
Extraction
Topics: ai-hardwaresupply-chainsemiconductorsmlcc
Claims
- Each AI server rack requires tens of thousands of MLCCs to maintain stable voltage across chips.
- MLCCs are currently experiencing unprecedented price hikes.
- MLCC lead times are significantly extended, creating a supply chain constraint.
- Despite their critical role, MLCCs receive almost no public attention compared to GPUs and other high-profile components.
Key quotes
Nobody is asking who makes the <$1 multi-layer ceramic capacitor (MLCC) that keeps voltage stable across every chip in the rack, that every AI server needs tens of thousands of, that has long extended lead times, and going through an unprecedented price hike.