Taiwan markets shrug off AI bubble worries as investors bet on Nvidia/Google-driven supply chain

Summary

A Reuters report from Taipei/Singapore describes Taiwan’s tech-heavy market pressing ahead despite renewed “AI bubble” anxiety elsewhere, with local investors leaning into Taiwan’s structural advantage in the AI hardware supply chain. The key argument is that Taiwan benefits whether GPUs (Nvidia) or alternative accelerators like Google’s TPUs win share, because Taiwan-linked manufacturing and component ecosystems sit under both paths. The piece highlights flagship beneficiaries such as TSMC and Foxconn, and frames the rally as supported by earnings growth rather than purely speculative multiples. Why it matters: for AGI-era capacity planning, Taiwan remains a central chokepoint—investor confidence here signals continued belief that AI capex (chips, advanced packaging, and compute buildouts) will keep flowing through Taiwan’s industrial base for years, even if software-side winners rotate.