BofA Nearly Doubles Taiwan 2026 GDP Forecast on ‘Relentless’ AI
Bank of America Raises Taiwan GDP Growth Forecast to 8%
Bank of America Corp. has nearly doubled its projection for Taiwan’s economic growth, raising the forecast from 4.5% to 8% for 2026. This upgrade is driven by “relentless global demand” for tech hardware manufactured by Taiwanese companies.
Driven by AI and Tech Hardware Demand
The revised forecast highlights the growing global demand for AI-powered technology and hardware, which are central to Taiwan’s economy. The surge in demand is particularly evident in the fourth quarter of 2025, contributing to a significant boost in economic activity.