Strong AI Earnings, Taiwan Supply Shortages Through 2030 Signal No Overheating in Stocks

The global AI industry is moving from proof of concept to revenue at scale, while hyperscale cloud providers continue to expand computing capacity and data centers. Neuberger Berman Taiwan said Taiwan’s semiconductor and component supply chains are direct beneficiaries. Earnings among AI-related companies have risen 52%, while valuations remain reasonable, providing fundamental support for the current rally.

Neuberger Berman Taiwan said in its latest assessment that agentic AI is reshaping server architecture and driving demand for processors, memory, substrates and passive components. Structural shortages at Taiwanese suppliers could persist through 2030. Meanwhile, margin financing amounts to just 0.4% of the Taiwan stock market, showing no clear signs of overheating. The source data did not specify the report date or the amount of capital spending by cloud providers.