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Taiwan Raises 2026 Economic Growth Forecast on Tech Demand
Taiwan increased its full-year growth projection after stronger-than-expected exports of artificial-intelligence components. The revision comes despite concerns over higher electricity costs for manufacturers.
May 29, 4:47 AM·1m read1 source
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Taiwan raised its 2026 economic growth forecast after exports of semiconductors and other technology products exceeded earlier projections. The revision reflects continued global demand for artificial-intelligence hardware, which has offset rising energy expenses for domestic manufacturers.
Government statisticians cited first-quarter export figures that surpassed previous estimates. Energy costs for chip fabrication plants have increased, yet the higher revenue from AI-related orders has outweighed those expenses so far. The updated forecast incorporates current shipment volumes and does not assume further acceleration in AI spending.
Officials said they will issue a further update after second-quarter data are compiled. No specific numerical revision was released in the initial announcement.
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