TIER Raises 2026 Taiwan GDP Forecast as AI Growth Stays Strong

One of Taiwan's leading economic think tanks has raised its forecast for the country's 2026 economic growth, even as technology stocks face heavy selling pressure. The Taiwan Institute of Economic Research (TIER) revised its 2026 GDP growth forecast to 12.34%, roughly two percentage points higher than its July estimate. TIER President Chang Chien-yi said investment linked to AI continues to drive economic momentum. While growth is expected to slow in 2027 from this year's rapid pace, Chang said the outlook remains positive. TIER forecasts Taiwan's economy will expand by about 6.45% next year, supported by continued AI investment and steady global economic growth. Chang also stressed that a slowdown in spending should not be interpreted as an economic standstill.