Taiwan’s economy is on track to post its strongest annual growth in 16 years as soaring demand for artificial intelligence (AI) tech fuels exports, manufacturing, and investment.
Taiwan’s National Statistics Agency said on May 29 that real gross domestic product (GDP) is now expected to grow by 9.64 percent in 2026. It is a sharp upward revision from its previous forecast and one of the strongest growth rates recorded since the global financial crisis.
The upgrade follows a stronger-than-expected first quarter, when the economy expanded by 14.55 percent from a year earlier.
Taiwan plays a key role in the global AI supply chain for major tech companies, including Nvidia and Apple, and is led by the ​world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co….Â
Taiwan Forecasts Fastest Economic Growth in 16 Years on AI Boom
