Taiwan is emerging as a key force in global AI development, supported by a strong economic upgrade, and is expected to enter the world's top 20 economies in 2027, CNA reported Wednesday, citing President Lai Ching-te's opening address at COMPUTEX 2026.
He said Taiwan's stock market capitalization reached $4.95 trillion in May, ranking fifth globally, while the government raised its economic growth forecast to 9.64% for next year. He credited these gains to coordinated efforts across industry, SMEs, and workers, according to the report.
Lai also highlighted growing global tech investment and government measures to secure talent, land, water, and power supply, adding that Taiwan aims to remain a stable and trusted hub for AI-driven growth, CNA said.
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