Taiwanese cooling-parts maker Maiko expects business to get better every quarter into next year, good news for AI supply-chain investors.

• Big cloud companies keep pouring money into data centers, and AWS alone plans to spend heavily on AI this year.
• Shipments of chips built for AI servers are set to double, and Maiko makes the cooling parts that go with them.
• August sales dipped from July because some parts shortages pushed customer orders back, but the level stayed high.
• Profit for the first half already tripled from a year earlier, and full-year profit is expected to double.
• Liquid cooling is the hottest part of the business right now, though a memory chip shortage could still bite.

Outlook: Fourth-quarter sales look set to hit a record as Nvidia server orders stay strong and a new cloud customer's AI chip servers start shipping.