Taiwan experienced an 8.4% increase in exports in October, driven by strong demand for AI applications and semiconductor products, despite a slight shortfall from expected growth rates. The finance ministry remains optimistic about continued export growth, particularly due to robust demand from the U.S. and Europe, even as exports to China decline. Taiwan Semiconductor Manufacturing Company (TSMC) plays a pivotal role, with its performance reflecting broader economic trends and highlighting the island's strategic position in the global technology supply chain.