AI growth outlook stays strong as risk-free returns come under pressure
Capital expenditure by the top four US cloud service providers (CSPs) is projected to expand further in 2027. Meanwhile, nations such as France and Saudi Arabia are aggressively constructing sovereign AI infrastructure, ensuring that demand for AI hardware remains on a firm upward trajectory. In addition, shipments of next-generation AI servers powered by more capable Nvidia Vera Rubin chips will further fuel earnings growth across Taiwan's advanced semiconductor process nodes and advanced packaging sectors.
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