Al Jazeera – Breaking News, World News and Video from Al Jazeera | Taiwan’s economy is booming thanks to AI. Not everyone sees the benefits AI generated summary, Read the full article for complete information. Taiwan’s economy is booming thanks to AI‑driven semiconductor exports, with GDP surging 13.7 % in the first quarter of 2026 and total exports jumping 34.9 % to $640.7 bn, largely powered by TSMC and the island’s chip industry that now accounts for more than 20 % of GDP. While the tech sector and the stock market have flourished, the benefits are unevenly distributed: non‑tech industries see little wage growth, most workers earn far below the high salaries in semiconductor firms, and soaring housing costs are heightening financial anxiety. Economists warn that this “K‑shaped” growth creates a dual society, leaves Taiwan over‑dependent on a single industry, and risks widening wealth inequality despite overall rapid expansion. Read more: https://www.aljazeera.com/news/2026/5/27/taiwans-economy-is-booming-thanks-to-ai-not-everyone-sees-the-benefits?traffic_source=rss #YangChinlung #AliciaGarcia #TSMC #TaiwanExchange #CentralBank #AliciaGarciaHerrero