TIER Sees Taiwan GDP Growth Topping 10% as AI Boom Extends to 2028

Taiwan’s export-driven economy is benefiting from stronger-than-expected global spending on artificial intelligence, high-performance computing and cloud infrastructure. The surge is lifting demand for semiconductors, servers and other information and communications technology products, reinforcing the island’s position as a critical supplier of advanced computing hardware and making the technology cycle a major driver of its economic outlook.

The Taiwan Institute of Economic Research said it plans to raise its forecast for Taiwan’s GDP growth this year to above 10%, aligning with bullish assessments from Academia Sinica and the Directorate-General of Budget, Accounting and Statistics. TIER President Chang Chien-yi said the AI-led business cycle could last through at least 2028, sustaining export momentum for Taiwan’s semiconductor and ICT industries.