BofA Nearly Doubles Taiwan 2026 GDP Forecast on ‘Relentless’ AI – Bloomberg
Bank of America Corp. significantly boosted its prediction for Taiwan’s economic growth this year, adding to a slew of upgrades even after a rip-roaring 2025 propelled by AI demand.
The firm revised its projection to 8% from 4.5% on “relentless global demand” for the tech hardware that Taiwanese companies make, according to a note dated Tuesday by analysts including Xiaoqing Pi.