AI Boom Propels Taiwan’s Tech Exports to Record $61.8B in October
Taiwan's exports surged to an unprecedented $61.8 billion in October, marking a 49.7% year-on-year increase as global demand for AI infrastructure reaches fever pitch. The island's semiconductor and electronics sector fueled the growth, with ICT and server exports jumping 86.9%.
U.S. orders for AI hardware skyrocketed 144%, driving Taiwan's trade surplus to a historic $22.6 billion. While analysts anticipate moderation in AI server shipments by 2026, Taiwan's dominance in advanced chip manufacturing remains unchallenged.
The export milestone underscores how Taiwan's tech industry has become indispensable to the global digital economy. Imports also hit a record $39.2 billion, reflecting robust manufacturing activity and strong overseas demand for cutting-edge computing components.
