Taiwan’s exports hit record on soaring AI demand

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Taiwanese exports hit a record high in September, driven by relentless demand for artificial intelligence (AI) technology, government data showed.

Taiwan is a global powerhouse in the manufacturing of semiconductor chips, which power AI.

The island’s exports rose 30.5% in September from a year ago to $70.2 billion, the Ministry of Economic Affairs said in a statement.

A ministry official told AFP it was a monthly record. The previous high was US$67.9 billion in December 2021.

Exports of electronics as well as information and communication products, which…



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Taiwan’s exports hit record on soaring AI demand



Taiwanese exports hit a record high in September, driven by relentless demand for artificial intelligence (AI) technology, government data showed.

Taiwan is a global powerhouse in the manufacturing of semiconductor chips, which power AI.

The island’s exports rose 30.5% in September from a year ago to $70.2 billion, the Ministry of Economic Affairs said in a statement.

A ministry official told AFP it was a monthly record. The previous high was US$67.9 billion in December 2021.

Exports of electronics as well as information and communication products, which…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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