Economy

Taiwan Stocks and Currency Under Pressure Amid Global AI Concerns

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By Klein Wang/Ai Chi

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Taiwan’s stock and currency markets are under pressure following a sharp global sell-off driven by concerns over AI valuations and rising borrowing costs for US tech companies. The central bank says foreign selling and capital outflows have added to the volatility, while analysts warn that financial strain on American AI firms could affect Taiwanese hardware suppliers. However, strong AI demand and continued investment could help limit the downturn.