Taiwan hands citizens $314 'AI dividend' as growth hits 50-year high
Taiwan is distributing roughly $314 per citizen as an 'AI dividend' after first-half GDP growth reached 14.15%, the strongest in 50 years. Defense spending also crossed 3% of GDP for the first time.
Taiwan announced a cash payout of about $314 to every citizen, describing it as an "AI dividend" tied to the island's semiconductor-led economic expansion.
First-half GDP growth reached 14.15%, the fastest pace in five decades. Defense spending also hit a record, exceeding 3% of GDP for the first time.
Source: First Squawk