Taiwan Manufacturing PMI Slips to 62.5 as Substrate Supply Tightens

Taiwan’s October manufacturing PMI fell to 62.5 from 63.4 in September as IC substrate constraints slowed AI server production and shipments across the supply chain. Taiwan’s 中經院 released the readings Nov. 2. The nonmanufacturing index was 55.4. Both measures stayed above 50, which indicates month-over-month expansion; the indexes track changes in activity rather than percentage growth rates. 中經院 President 連賢明 said difficulty obtaining key materials and components had limited some manufacturers’ production and shipments. He said demand for AI servers remained strong, while the most visible supply constraint had moved from memory to IC substrates.

Source: TokenPost