ChainThink reports that on August 12, Serenity posted that the latest filing reveals Leopold’s fund, Situational Awareness, holds approximately 5.99% of Taiyo Yuden, a Japanese company.
As of June 29, Leopold's average cost basis was approximately ¥17,446 per share, while the current stock price is around ¥9,797, resulting in an unrealized loss.
Taiyo Yuden is one of the world's leading MLCC manufacturers, with shipments reaching 40 billion units in June, a five-year monthly high.
Serenity noted that demand for AI servers is increasing for high-capacitance, low-voltage, and small-sized MLCCs, benefiting manufacturers such as Murata and Samsung Electro-Mechanics. Serenity also stated that it has increased its position in Taiyo Yuden today.
Leading MLCC manufacturers in South Korea and Japan are shifting part of their consumer-grade production capacity toward higher-specification products for AI applications, causing consumer-grade MLCC inventory with medium to high capacitance to fall below 30 days, and prompting price increases across distribution channels.