By Crystal Hsu /
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Taiwan’s manufacturing confidence rose to a more than four-year high last month as the global artificial intelligence (AI) boom continued to drive orders for chips and related hardware, providing momentum for the export-reliant economy, the Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) said yesterday.The manufacturing climate index rose 2.48 points to 101.09 from the previous month, hitting the highest level in more than four years, the institute said in its monthly survey.“Demand for AI, high-performance computing and new smartphone models boosted semiconductor shipments,” TIER Economic Forecasting Center director Gordon Sun (孫明德) told a news conference in Taipei.
Taiwan Institute of Economic Research Economic Forecasting Center director Gordon Sun poses for a photograph in Taipei on May 25.
Photo courtesy of the Taiwan Institute of Economic Research
