Strong AI demand keeps Taiwan’s economy warm in April

Taipei [Taiwan], May 28 (ANI): Taiwan’s economy showed signs of a “warming economy” in April, helped by the rising demand for artificial intelligence (AI) applications, which supported the manufacturing sector, according to the National Development Council (NDC), reported Focus Taiwan.

In April, for the fourth consecutive month, NDC’s composite index reflected signs of “warming economy”, by staying in the yellow-red range. However, for this month, the index ticked lower by just 2 points to stand at 33 points, as compared to last month.