Taiwan's March exports surged 18.9% YoY, with computer hardware shipments driving growth, led by AI server demand.
Taiwan's exports in March surged 18.9% year-on-year, reaching $41.8 billion, driven by a 464.7% increase in computer hardware shipments due to high global demand for AI servers. This marks the fastest growth since March 2022, with AI-related investments and the US economy contributing to the strong growth. Taiwan's imports unexpectedly grew 7.1%, partially attributed to purchases of aircraft.
April 10, 2024
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