Taiwan Export Orders Surge 65.9%, Fastest Growth Since 2010 On AI Demand [Yahoo! Finance]
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Source: Yahoo! Finance
Export orders surged 65.9% year-on-year in March, the fastest pace since January 2010 and well ahead of the 44.1% forecast from economists surveyed by Bloomberg. According to the Ministry of Economic Affairs, the strength was driven by continued demand across artificial intelligence, high-performance computing, and cloud data servicessegments that are increasingly dictating capital allocation across global technology markets. Warning! GuruFocus has detected 7 Warning Sign with GELYF. Is GOOG fairly valued? Test your thesis with our free DCF calculator. The regional and customer mix reinforces that this is not a narrow spike. Orders from the US rose 76.4%, while ASEAN markets climbed 94.4% on-year, pointing to broad-based demand expansion. At the same time, major technology companies such as Alphabet Inc. ( NASDAQ:GOOG ), Meta Platforms Inc. ( NASDAQ:META ), and Amazon.com Inc. ( NASDAQ:AMZN ) have been ramping up spending to build out AI capabilities. That spending could be flow
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