Strong AI Demand: MOEA Expects Monthly Export Orders to Hit US$80 Billion by Year-End
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Taiwan's Ministry of Economic Affairs (MOEA) announced on the 20th that April export orders reached US$87.45 billion, a 48.1% year-on-year increase and a record high for the month. This robust growth is primarily fueled by surging demand for servers and networking equipment due to the ongoing AI boom. Huang Wei-chieh, Director of the Department of Statistics, expressed optimism, stating that with the AI trend and new products launching in the second half of the year, there is a 'quite high' probability that monthly orders will reach US$80 billion by the end of the year.