Reported about 11 hours ago
Taiwan's exports reached a record high of $51.74 billion in May, boosted by strong demand for artificial intelligence and preemptive orders against potential US tariffs. This marks a 38.6% increase year-on-year, the fastest growth in nearly 15 years, and the first time exports exceeded $50 billion. Major tech companies like TSMC are significant contributors to this surge, although concerns remain about the impact of US tariffs and geopolitical risks on the economy.
Source: YAHOO