Exports 4.3 yy vs 10.15 forecast in Reuters poll
Exports to China 11.3 yy prior month 1.3
Exports to the U.S. hit record high
Sees exports in May 7 to 10 yy

TAIPEI, May 8 Reuters Taiwan39;s exports rose less than expected in April, hurt by weak demand from China although robust demand for artificial intelligencerelated products had shipments to the United States surging to a record.

The Finance Ministry said it expects stable growth in exports for the first half of the year, adding demand created by new technologies reliant on AI and highperformance computing would offset the impact of high interest rates and geopolitical tensions on the global economy.

Exports climbed 4.3 from a year earlier to 37.5 billion, gaining for a sixth straight month, data showed on Wednesday.

That was below a forecast of 10.2 in a Reuters poll and an 18.9 gain in March.

The ministry predicted that exports in May could rise between 7 and 10 from a year earlier.

Exports to the United States leapt 81.6 to 10.2 billion, compared with a 65.7 surge in March. Taiwanese firms such as TSMC, the world39;s largest contract chipmaker, are major suppliers to Apple, Nvidia and U.S. tech giants.

The value figure for exports to the U.S. was not too far off the 11.3 billion worth of exports to China. Shipments to China tumbled 11.3 in April from a year earlier versus the prior month39;s 1.3 drop.

Taiwan39;s total shipments of electronic components fell 17.7 in April from a year earlier to 12.95…