Taiwan’s AI boom minting millionaires, stoking inequality

Bloomberg: Taiwan’s economy is growing rapidly due to high demand for artificial intelligence chips, but the wealth boom is not being felt by many residents.

The country has a significant wealth divide, with the top 10% of earners receiving 48% of total income, while the bottom half receive 12%.

Despite rising wages, many Taiwanese are struggling with high living costs, including expensive housing, and are not benefiting from the economic growth…

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