Taiwan’s Export Orders Surge the Most in 16 Years on AI Demand
A wafer on display at the Semicon Taiwan exhibition show in Taipei.
Photographer: An Rong Xu/BloombergTaiwan saw its export orders surge at the fastest pace in 16 years, a sign that demand for its AI-related products remains robust despite disruptions to global trade from tensions in the Middle East.
Export orders surged 65.9% in March compared with the same period last year, according to a statement from the Ministry of Economic Affairs in Taipei on Tuesday. That figure marks the fastest growth since January 2010 and blew away the 44.1% forecast by economists surveyed by Bloomberg News.