Taiwan: Growth momentum and LNG risks – DBS

FXStreetMay 4, 2026 6:52 PM

View all comments（0）



DBS Group Research economist Ma Tieying upgrades Taiwan’s 2026 GDP growth forecast to 9.4% from 7.0%, citing stronger-than-expected AI-driven exports and resilient ICT demand. The report notes robust first-quarter GDP and expects quarterly growth to moderate later in 2026. It also highlights LNG supply constraints, higher energy costs, and potential power rationing as key macro risks.

AI-led boom faces energy constraints

"We revise up Taiwan’s 2026 GDP growth forecast to 9.4% from 7.0%, which would mark the strongest expansion since the post-GFC rebound in 2010."

"The AI-driven global hardware cycle is expected to remain resilient despite geopolitical tensions in the Middle East, continuing to support demand for semiconductors, servers, and broader ICT exports."

"On a quarterly basis, GDP growth is likely to have peaked in 1Q and to gradually moderate thereafter."

"Non-ICT exports are likely to face increasing headwinds from a broader global demand slowdown."

"LNG supply remains a key structural constraint."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

SpaceX Stock Price Forecast: Morgan Stanley Says Lock-Up Expiration Is Entry Opportunity, Price Could Hit $140?

On August 7 (ET), SpaceX (SPCX) broke through a periodic high of $126.71. This followed the official unlocking of the first batch of 911.5 million insider restricted shares on August 6, representing a potential release of approximately $100 billion in market value. However, the sell-off that the mar

Gold Price Forecast: Can Gold Still Rise Above $4,300 Ahead of July Non-Farm Payrolls?

TradingKey - As of the European session on August 7, gold prices (XAUUSD) extended their recent strong performance, rising more than 1% intraday and briefly surpassing the $4,300 mark. With a cumulative weekly gain of over 6%, gold is on track to record its largest single-week increase since January. As the market awaits the release of U.S. July non-farm payroll data, investors are re-evaluating whether a Federal Reserve rate hike in September remains necessary, placing gold in a critical phase for its next near-term directional move.

SpaceX Stock Price Prediction: Shares Rise 6% on $100 Billion Unlock Day; Has SPCX Slump Ended?

TradingKey - As of August 6, Eastern Time, SpaceX (SPCX) shares rose 6.14% to close at $114.92. Notably, approximately 911.5 million SpaceX shares were unlocked on that day, becoming available for trade with a total value exceeding $100 billion. Although there were widespread market concerns that ma

Cloudflare Q2 2026 Earnings Preview: NET at a Record High, Can a Beat Justify It?

Cloudflare reports Q2 after the close Aug 6. A beat is expected (~$665M, $0.27 EPS), but with NET at a record ~$300 above most price targets, guidance is what matters.

July Nonfarm Payrolls Preview: Job Growth May Remain Low; How Will US Stocks, Dollar, and Gold React?

TradingKey - The U.S. Bureau of Labor Statistics will release the July non-farm payrolls report at 8:30 AM ET on August 7. Current market focus is centered not only on employment growth but also on the unemployment rate, average hourly earnings, and whether data from the previous two months will be revised downward again. These indicators will directly impact Federal Reserve rate hike expectations for September, as well as the trajectory of U.S. stocks, the U.S. Dollar, and gold (XAUUSD).

Featured Tools