AI Boom in the US Drives 422% Spike in Taiwanese Tech Exports
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Taiwanese tech exports have surged by 422% due to the AI boom in the US. Over the past year, Taiwan has shipped over $42 billion worth of graphic processing units and related equipment, up from almost nothing in recent years. In June, total exports rose 23.5% to almost $40 billion, with shipments of computers and related hardware jumping 324% to $6.6 billion. Taiwan Semiconductor Manufacturing Co., the world's most advanced chipmaker, is the main supplier to Nvidia and Apple Inc. The spike in GPU shipments is driving trade with the US to record highs, with over $9 billion worth of goods shipped from Taiwan to the US last month.
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https://emeatribune.com/ai-boom-in-the-us-drives-422-spike-in-taiwanese-tech-exports/