Taiwan's export figures broke records in October, nearing US$97 billion in value, thanks largely to the AI boom. This unprecedented growth streak has now held up for 36 consecutive months. Taiwan’s Ministry of Finance says it is driven mainly by overseas AI demand. But that is also having a knock-on effect for traditional industries like machinery and metals, which have benefitted from local tech firms’ expansions. Roughly a third of Taiwan’s exports are headed to the US, a level not seen since 1990. The ministry expects the trend to continue in November.
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