Taiwan Revises GDP Growth Forecasts Amid AI-Driven Export Surge

Taiwan's government has sharply upgraded its economic outlook, projecting 2025 GDP growth at 7.37% - the fastest pace since 2010 - followed by 3.54% expansion in 2026. The revision reflects unprecedented demand for AI hardware, with October 2025 exports soaring 49.7% year-on-year to a record $61.8 billion.

Semiconductor giant TSMC leads the charge, reporting 16.9% sales growth as global tech firms scramble to build AI infrastructure. US-bound shipments skyrocketed 144.3%, underscoring Taiwan's dominance in advanced chip manufacturing. The export boom contrasts with struggling traditional sectors like textiles and petrochemicals facing global overcapacity.

While the 2026 forecast was lifted from 2.81% to 3.54%, analysts note the growth trajectory remains uneven. The AI hardware revolution continues to reshape Taiwan's economic landscape, with exports expected to grow another 6.32% in 2026 following this year's historic surge.