{"id":271954,"date":"2026-01-30T13:25:12","date_gmt":"2026-01-30T13:25:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/271954\/"},"modified":"2026-01-30T13:25:12","modified_gmt":"2026-01-30T13:25:12","slug":"taiwans-economy-grows-8-6-in-2025-fastest-rate-in-15-years-turbocharged-by-the-ai-boom","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/271954\/","title":{"rendered":"Taiwan&#8217;s economy grows 8.6% in 2025, fastest rate in 15 years, turbocharged by the AI boom"},"content":{"rendered":"\n<p class=\"yf-vbsvxt\">TAIPEI, Taiwan (AP) \u2014 Taiwan\u2019s economy expanded at an 8.6% annual rate last year, the fastest pace in 15 years, as its export-focused industries were buoyed by the frenzy over <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:artificial intelligence;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> and a surge of shipments to the U.S..<\/p>\n<p class=\"yf-vbsvxt\">The advanced estimate released by Taiwan\u2019s statistics agency on Friday was much better than economists had forecast. It was the strongest growth rate since 2010.<\/p>\n<p class=\"yf-vbsvxt\">Taiwan set a <a href=\"https:\/\/apnews.com\/article\/semiconductors-chips-tsmc-taiwan-trump-china-95de4082d5e36a3c0a0b00f613a5df39\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:trade deal;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">trade deal<\/a> earlier this month with U.S. President Donald Trump\u2019s administration. It lowered U.S. tariffs on imports from the island to 15% from 20% in exchange for pledges of at least $250 billion of investment in the U.S. in areas such as semiconductors and AI. That could power higher exports, further charging the economy this year, economists say.<\/p>\n<p class=\"yf-vbsvxt\">\u201cWe expect AI-related demand to continue underpinning Taiwan\u2019s export performance into 2026, supporting overall economic growth amid sustained global AI investment,\u201d Bank of America economists Xiaoqing Pi and Helen Qiao wrote in a recent note.<\/p>\n<p class=\"yf-vbsvxt\">Taiwan is a major manufacturer of AI servers, computer chips and precision instruments. Its exports jumped nearly 35% last year from a year earlier, led by technology-related shipments. Shipments to the U.S. surged 78%.<\/p>\n<p class=\"yf-vbsvxt\">The AI boom has also propelled Taiwan\u2019s leading technology companies to <a href=\"https:\/\/apnews.com\/article\/semiconductors-chips-tsmc-taiwan-trump-2231f2ea66b768a8231bdbd8863d46fe\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:record;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">record<\/a> profits and revenues. Taiwan&#8217;s TSMC, the world\u2019s biggest contract chipmaker, counts <a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a> as its key client and is one of the largest companies in the world by market value \u2014 and <a href=\"https:\/\/apnews.com\/article\/openai-foxconn-ai-hon-taiwan-china-b022977e34c23f5f3ddf7522817accfe\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:electronics giant Foxconn;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">electronics giant Foxconn<\/a>, which makes AI servers for Nvidia and assembles products for <a href=\"https:\/\/www.yahoo.com\/organizations\/apple\/\" data-ylk=\"slk:Apple;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Apple<\/a>.<\/p>\n<p class=\"yf-vbsvxt\">However, growth this year will likely slow since it&#8217;s building on a high base, economists say.<\/p>\n<p class=\"yf-vbsvxt\">Deutsche Bank estimates Taiwan\u2019s economy will grow 4.8% in 2026. Growing concerns that the AI boom may be a <a href=\"https:\/\/apnews.com\/article\/ai-bubble-warnings-bank-of-england-imf-b15e54f6d06992371ee39b27f4e6da3a\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:bubble;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">bubble<\/a> are a key risk given Taiwan&#8217;s dependence on tech exports.<\/p>\n<p class=\"yf-vbsvxt\">Uncertainty over U.S. tariffs under Trump are another worry. So are tensions with Beijing. China claims Taiwan, a self-ruled island, as its own territory. China conducted <a href=\"https:\/\/apnews.com\/article\/china-taiwan-military-drills-japamn-37e2c674923fde3cb6b1a741c3e3fe0f\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:large-scale military drills;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">large-scale military drills<\/a> around Taiwan in late December, renewing concerns over a possible blockade or seizure by Beijing.<\/p>\n","protected":false},"excerpt":{"rendered":"TAIPEI, Taiwan (AP) \u2014 Taiwan\u2019s economy expanded at an 8.6% annual rate last year, the fastest pace in&hellip;\n","protected":false},"author":2,"featured_media":271955,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,60,15504,68920,2073,80],"class_list":["post-271954","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ie","tag-ireland","tag-president-donald-trump","tag-taipei","tag-taiwan","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/271954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=271954"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/271954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/271955"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=271954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=271954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=271954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}