Taiwan in January 2026: the most important developments in economy
Taiwan's economy in January 2026 was defined by the artificial intelligence chip boom. On 15 January TSMC reported a record quarterly profit, up 35% and above expectations, and announced major capital spending to meet demand for AI chips, including a larger US factory footprint. Chip stocks rallied and Wall Street futures rose on the results. Foxconn's fourth-quarter revenue rose 22% to a record high on AI demand, and Nvidia chief executive Jensen Huang said the company's next generation of chips was in full production.
Taiwan and the United States also reached a trade agreement, after a broad consensus was reported on 13 January. Under the deal the US would lower tariffs on Taiwanese goods and both sides would boost investment, with a focus on semiconductors, following Taiwan's pledge of significant investment in US chip production, energy and AI. Taiwan said it aimed to be a strategic AI partner in the arrangement.
by WorldBrief & Maksim Micheliov | AI-generated summary
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