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Standard Chartered raises Taiwan 2026 growth forecast to 12.8% on AI boom

Standard Chartered raised its 2026 GDP growth forecast for Taiwan to 12.8% from 11.5%, saying the AI boom is spreading from exports to investment and consumption. Taiwan has recorded 36 consecutive months of year-on-year export growth on strong AI demand, but Tommy Wu (胡東安), the bank’s senior economist for Greater China and North Asia, said growth is increasingly coming from domestic consumption and corporate investment. [...]