Taiwan's economy accelerates in second quarter

Taiwan's economy accelerates in second quarter

Taiwan's economy grew at a forecast-busting pace in the second quarter, official data showed Thursday, fuelled by demand for AI technology and firms placing orders before threatened US tariffs hit.

Taiwan’s economy accelerates in second quarter

Taiwan's economy grew at a forecast-busting pace in the second quarter, official data showed Thursday, fuelled by demand for AI technology and firms placing orders before threatened US tariffs hit. The democratic island dominates the global semiconductor industry, with nearly all of the world's most advanced chips made there. Gross domestic product expanded 7.96 percent

Taiwan Economic Upswing Accelerates Near 8% After Exports Surge

Taiwan’s economy clocked one of the world’s quickest growth rates last quarter, expanding at its fastest in four years thanks to a record surge in exports as a global boom in artificial intelligence fuels demand overseas.