Taiwan's economy is booming thanks to the AI craze

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Taiwan's economy is booming thanks to the AI craze

A TSMC plant in Taichung, Taiwan.An Rong Xu/The Washington Post via Getty ImagesTaiwan's economy is booming.Its GDP rose by a better-than-expected 6.5% in the first quarter, data published on Tuesday showed.Exports of AI-related tech such as semiconductors were one of the key growth drivers.The ChatGPT-fueled artificial intelligence boom has helped Taiwan's economy expand more than expected.Gross Domestic Product (GDP) rose by 6.5% in the first …