‘SUPERCYCLE’:
Taiwan is poised to benefit from sustained semiconductor demand, although inflation is emerging as a key risk, economists from two foreign banks said
By Crystal Hsu / Staff reporter
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Taiwan’s economy is forecast to remain one of the world’s fastest-growing this year as the artificial intelligence (AI) boom continues to drive exports, investment and corporate activity, with growth momentum holding firm despite renewed Middle East tensions, two major foreign banks said yesterday.DBS Bank Ltd held its GDP growth forecast for Taiwan at 9.4 percent for this year, while Standard Chartered Bank kept its projection unchanged at 9.5 percent, citing sustained AI demand and Taiwan’s pivotal role in the global technology supply chain.The upbeat outlook reflects Taiwan’s central position in the global AI ecosystem, with demand for advanced semiconductors, AI servers and high-performance computing equipment staying resilient despite geopolitical risks and uncertainty over global trade.
