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  "description": "Taiwan’s exports jumped nearly 35% last year. Companies like chip-maker TSMC and Foxconn, a manufacturer of iPhones, have logged record profits and revenues.",
  "path": "/taiwans-economy-grows-8-6-in-2025-fastest-rate-in-15-years-turbocharged-by-ai-boom/",
  "publishedAt": "2026-01-31T01:40:33.000Z",
  "site": "https://broadbandbreakfast.com",
  "tags": [
    "trade deal",
    "Learn more about Broadband Breakfast Live Online",
    "Signup on CHAT for BroadbandLive",
    "record",
    "electronics giant Foxconn",
    "bubble",
    "large-scale military drills"
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  "textContent": "TAIPEI, Taiwan, Jan. 30, 2026 (AP) — Taiwan’s 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 artificial intelligence and a surge of shipments to the U.S.\n\nThe advanced estimate released by Taiwan’s statistics agency on Friday was much better than economists had forecast. It was the strongest growth rate since 2010.\n\nTaiwan set a trade deal earlier this month with U.S. President **Donald Trump’s** 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.\n\nLearn more about Broadband Breakfast Live Online\n\n\n                            Signup on CHAT for BroadbandLive\n                        \n\n“We expect AI-related demand to continue underpinning Taiwan’s export performance into 2026, supporting overall economic growth amid sustained global AI investment,” Bank of America economists **Xiaoqing Pi** and **Helen Qiao** wrote in a recent note.\n\nTaiwan 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%.\n\nThe AI boom has also propelled Taiwan’s leading technology companies to record profits and revenues. Taiwan's TSMC, the world’s biggest contract chipmaker, counts Nvidia as its key client and is one of the largest companies in the world by market value — and electronics giant Foxconn, which makes AI servers for Nvidia and assembles products for Apple.\n\nHowever, growth this year will likely slow since it's building on a high base, economists say.\n\nDeutsche Bank estimates Taiwan’s economy will grow 4.8% in 2026. Growing concerns that the AI boom may be a bubble are a key risk given Taiwan's dependence on tech exports.\n\nUncertainty 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 large-scale military drills around Taiwan in late December, renewing concerns over a possible blockade or seizure by Beijing.\n\n_This article was written by Chan Ho-Him of the Associated Press._",
  "title": "Taiwan's Economy Grows 8.6% in 2025, Fastest Rate in 15 years, Turbocharged by AI Boom",
  "updatedAt": "2026-05-21T22:14:49.503Z"
}