Neuberger Berman Sees Taiwan, Japan Stock Potential as AI Boom and Japan’s ‘Four Arrows’ Drive Growth

Neuberger Berman said Taiwan is a direct beneficiary of global AI infrastructure spending because of its semiconductor and AI server supply chains, while Japan is benefiting from corporate governance reforms and a recovery in domestic demand. The two markets’ complementary industry structures offer both technology growth potential and portfolio resilience.

Neuberger Berman recently noted that the Nikkei has surged 64% over the past year. It said the outlook for Japanese stocks is supported by four “arrows”: corporate earnings growth, a consumption recovery, governance reforms and the market’s distinctive resilience. The firm also expects the yen to continue strengthening. Taiwan stocks, meanwhile, remain buoyed by AI capital spending and demand for advanced semiconductors, creating an opportunity to invest across both markets.