Taiwanese electronic materials maker Fanwei is riding the AI boom, with revenue hitting a record for the period — good news for investors and for suppliers tied to AI server build-outs.

• August revenue rose slightly from a year ago, while the first eight months of the year were up 23% — both records.
• The growth comes from high-value materials used in AI servers and industrial computers, where sales nearly tripled this year.
• Electric-car sales are also helping, lifting demand for window heat-shielding film the company distributes for 3M.
• Strong global AI server demand is pushing the whole supply chain into a new upgrade cycle.
• Trade politics and US manufacturing policy are forcing production closer to customers, so the company is expanding in Vietnam and Malaysia alongside Taiwan and China.

Outlook: The new Southeast Asian plants, aimed at laptops and smart appliances, should start shipping in volume from late in the fourth quarter.