Global Chip Rush Drives Taiwan's Export Orders to Record : v

Global Chip Rush Drives Taiwan's Export Orders to Record


Global Chip Rush Drives Taiwan’s Export Orders to Record
Bloomberg
3 hrs ago
Raymond Wu and Samson Ellis
(Bloomberg) -- Global demand for semiconductors, fueled by 5G and high-performance computing, showed little sign of easing off as Taiwan’s searing pace of export orders continued for a fifth straight month.
Export orders grew 33.3% to $53.7 billion in March, Taiwan’s Ministry of Economic Affairs said on Tuesday. Economists had forecast an increase of 34.9% in a Bloomberg survey. The data for March set a record high for the month.
Officials see the strong growth continuing for a sixth month, with the ministry predicting orders will increase by between 29.8% and 33.7% in April.

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