This year, Taiwan's GDP growth rate was 5.2% in the first quarter, 8.1% in the second quarter, and 7.6% in the third quarter, marking the fastest economic growth Taiwan has seen in decades.
Such rapid growth is mainly due to the boom in the AI industry, with a surge in exports of AI chips manufactured by TSMC. TSMC has reaped the greatest benefits from both the smartphone chip and AI chip booms, supporting Taiwan's economy.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
This year, Taiwan's GDP growth rate was 5.2% in the first quarter, 8.1% in the second quarter, and 7.6% in the third quarter, marking the fastest economic growth Taiwan has seen in decades.
Such rapid growth is mainly due to the boom in the AI industry, with a surge in exports of AI chips manufactured by TSMC. TSMC has reaped the greatest benefits from both the smartphone chip and AI chip booms, supporting Taiwan's economy.