Asia Vital said August 2026 revenue rose to NT$512 million, up 29.10% year over year, as shipments of ASIC servers to a US cloud service provider customer continued to increase. The Taiwan-based supplier said revenue stayed above NT$500 million for a third straight month, while demand for the customer's next-generation products remained strong.
The latest results came as artificial intelligence spending by the four leading US cloud service providers kept climbing in the second half of 2026. Amazon Web Services lifted its planned capex by 10% to US$220 billion, the highest among the group, as the companies continue to expand infrastructure for AI workloads.
Despite the record investment, available capacity is still not enough to meet AI market demand, and several research firms expect capex from the four cloud providers to reach US$1 trillion by 2027. Asia Vital, which sits in the supply chain for one of those customers, is positioned to benefit from that spending trend.
The company mainly ships ASIC-related cooling products to major cloud customers. As AI models mature, inference is becoming more important, driving higher demand for ASICs. JPMorgan Chase expects ASIC shipments in 2026 to rise 109% year over year, while ASICs account for about 42% of global AI chip shipments and are projected to reach 53% in 2027.
Asia Vital reported earnings per share of NT$1 in the second quarter of 2026, with June alone contributing nearly NT$1 per share while April and May were roughly breakeven. Revenue first topped NT$500 million in June, and July and August both exceeded that level, pointing to a stronger third-quarter profit. The company expects the fourth quarter to set new highs for revenue and earnings.
Article edited by Jerry Chen
