Taiwan's AI boom is pushing its companies and banks deeper into overseas markets, and the money side of that expansion just hit a record — good news for Taiwan's banks and brokerages.

• Taiwan's financial service exports reached a record for a single quarter, as banks and brokerages earn more serving clients abroad.
• The driver is AI: Taiwanese manufacturers are building out factories and operations overseas and need cross-border banking to do it.
• Overall trade is booming, but the trade surplus is not growing as fast because AI expansion forces Taiwan to import huge amounts of equipment and parts.
• Foreign investors nearly stopped pulling money out of Taiwanese stocks this past quarter, a sharp turnaround from the heavy outflows of the prior two quarters.
• Money is still leaving Taiwan overall, with companies investing abroad at near-record levels — the 64th quarter in a row of net outflows.

Outlook: As long as AI demand holds up, expect Taiwanese firms to keep building overseas and their banks to keep earning more from it.