Preliminary Q3 GDP seen at 3.4 yy prior qtr 5.06
Data due Thursday, Oct. 31, after 4 p.m. 0800 GMT

TAIPEI, Oct 28 Reuters Economic growth in tradedependent Taiwan was expected to slow in the third quarter with exports still robust on AI demand but moderating, while domestic investment and consumption are losing steam, a Reuters poll showed on Monday.

Gross domestic product GDP in JulySeptember was expected to expand 3.4 from a year earlier, down from 5.06 growth in the second quarter, according to the median forecast of a poll of 24 economists.

The poll forecasts for preliminary GDP data, due on Thursday, ranged from an expansion of just 2.2 to as much as 5.

Thirdquarter exports rose 8.1 yearonyear, slightly slower than the firstquarter39;s annual expansion of 9.9. That was powered by the island39;s techheavy exporters such as chipmakers, who rode a wave of AI demand.

The island is home to the world39;s largest contract chipmaker Taiwan Semiconductor Manufacturing Co, a major supplier for such companies as Apple and Nvidia.

Analyst Kevin Wang of Taishin Securities Investment said exports had moderated while private investment and consumption fizzled in the third quarter.

Exports grew but moderated in the third quarter, and consumption and investment were also rather ordinary, he said.

The second half of the year is traditionally the peak season for Taiwanese exporters as they ramp up production for the yearend holiday season in major Western markets.

The…