Taiwan's exports rose much more than expected in January, hitting the fastest monthly clip in 16 years amid continued demand for the island's chips and technology that are powering AI applications. Exports showed a 69.9% increase year-on-year to $65.77 billion, versus 51.9% in a Reuters poll and 43.4% in December, reaching a monthly record high by value, the finance ministry said on Monday. The export performance continued a streak of 27 consecutive monthly year-on-year gains.