Record growth for Taiwan thanks to AI

Taiwan has recorded its fastest growth in 15 years, mainly driven by the boom in the artificial intelligence sector. This significant increase has overcome concerns about industrial hollowing-out, highlighting how global demand for AI technologies is having a positive impact on the local economy.

Strong increase in demand for semiconductors

A determining factor in this growth is the increased demand for high-performance semiconductors. These components are essential to power the complex workloads associated with artificial intelligence, from model training to inference. Taiwanese companies operating in the semiconductor sector are particularly benefiting from this trend.

Implications for the global market

Taiwan's AI-driven growth underscores the island's increasing importance in the global supply chain for advanced technologies. Taiwan's ability to respond quickly to the demand for high-performance semiconductors positions it as a key player in the artificial intelligence ecosystem.