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Taiwan August export orders hit record, driven by AI chip demand

Taiwan export orders rose more than expected to a record monthly value in August, exceeding $100 billion for the first time, citing continued AI demand for the supplier of AI chips and technology.

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Taiwan's export orders rose more than expected to a record monthly level in August, topping $100 billion for the first time as demand for AI continued to surge for the world's dominant supplier of AI chips and technology. The source notes the economy material continues with additional details.