Taiwan May exports jump 51.7 percent on strong AI demand

Taiwan exports rose 51.7 percent in May to 78.48 billion dollars, the second highest monthly value. Growth was driven by strong global demand for AI chips.

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Taiwan exports rose 51.7% to $78.48 billion in May, marking the second-highest monthly value on record. The result exceeded analyst expectations of 37.9% growth as global demand for artificial intelligence hardware intensified. The finance ministry reported on Tuesday that the surge followed a 39% gain in April.

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