News Summary

• Taiwan is a semiconductor powerhouse, producing about 90 percent of the most advanced chips used to power leading AI models.
• Exports surged 34.9 percent last year to $640.7bn, with more than two-thirds of the total being tech-related goods and services.
• While impressive, the rapid economic expansion has raised concerns about being overreliant on the growth of AI.
• Taiwan’s Central Bank Governor Yang Chin-lung has sounded the alarm about an emerging “K-shaped economy,” where certain sectors grow rapidly while others fall into stagnation.