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US topples China as Taiwan's largest export market

TAIPEI: The United States has topped longtime leader China as Taiwan's main export market for four consecutive months due to a surge in demand for microchip products and artificial intelligence (AI) technology, Taipei's Finance Ministry said on Friday.

Self-ruled Taiwan is a microchip-manufacturing powerhouse, churning out the world's most advanced silicon wafers necessary to power everything from e-vehicles and satellites to fighter jets and increasingly to power AI technology.