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Taiwan exports hit record $96.76bn on AI chip demand

Published : Monday, 9 November, 2026 at 5:16 PM

Observer Online Report

Collected Photo

Taiwan’s exports surged 58.9 per cent year-on-year to a record $96.76 billion in October, driven by booming global demand for artificial intelligence (AI) chips, servers and advanced computing technology, official data showed on Monday.

Electronic-component exports rose 61.4 per cent to a record $32.68 billion, while shipments to the United States jumped 55.9 per cent to $32.93 billion. Exports to China also increased 42.9 per cent.

The growth marks Taiwan’s third consecutive month of record exports and its 36th straight month of annual growth, reflecting the rapid expansion of the global AI industry.

Demand for high-performance computing, cloud services and AI infrastructure has boosted orders for advanced semiconductors. Taiwan-based TSMC, the world's largest contract chipmaker, is a key supplier to major technology companies, including Nvidia and Apple.

Meanwhile, imports rose 75.1 per cent to $68.89 billion, also reaching a monthly record.

Taiwan’s finance ministry expects export growth to continue in the fourth quarter, forecasting a 47 to 51 per cent year-on-year increase in November, supported by strong AI-related demand.

-AH

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Editor : Iqbal Sobhan Chowdhury

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