Taiwan's Economic Boom: A Double Edged Sword? Taiwan's economy has experienced astonishing growth in recent months, driven by the high demand for artificial intelligence (AI) chips from the United States.
The island nation's GDP reached a record 12. 92% in the second quarter of this year, surpassing its previous high.
The AI boom is a global phenomenon, but Taiwan's unique position as a major producer of advanced chips has made it an integral player in the US's quest to dominate the AI landscape.