Taiwan plays ‘very crucial role’ in AI supply chain, says TWSE chief

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107403612 1713492101104 gettyimages 1555879484 vcg111446089402

The CEO of the Taiwan Stock Exchange highlighted Taiwan’s pivotal role in the AI chip revolution and global semiconductor industry in an interview with CNBC. Sherman Lin attributed the Taiwan Weighted Index’s strong gains to the high demand for high-end chips and the server supply chain. Despite a recent dip amid Middle East tensions, the Taiex has seen significant growth in the last year.

Taiwan’s dominance in semiconductors, particularly through Taiwan Semiconductor Manufacturing Co., has attracted investors due to their production of advanced processors for companies like Apple and Nvidia. This position in AI supply chain and semiconductor industry underscores Taiwan’s crucial role, according to Lin.

In 2023, Taiwan led in advanced chip manufacturing technology globally, with a substantial market share in extreme ultraviolet generation processes. The strength of Taiwan’s ICT industries positions the country well in the new economy business landscape.

Following a recent earthquake in Taiwan, which tested the country’s resilience, Lin expressed confidence in Taiwan’s ability to respond quickly to challenges and maintain an upward trend in the capital market. Geopolitical risks, including the outcome of U.S. elections and military conflicts, may impact market trends, but Lin emphasized Taiwan’s strong fundamentals and quick response capabilities as reasons for confidence in the country’s capital markets.

Taiwan is playing a crucial role in the AI chip revolution and the global semiconductor industry, according to Sherman Lin, the chairman and CEO of the Taiwan Stock Exchange. The Taiwan Weighted Index has experienced significant gains due to high demand for high-end chips and server supply chain, with a nearly 28% increase in the last 12 months. Much of Taiwan’s dominance in the semiconductor industry is attributed to Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker. Taiwan led advanced chip manufacturing technology with a 68% global capacity share in 2023, followed by the U.S., South Korea, and China. Taiwan also held nearly 80% market share in extreme ultraviolet generation processes essential for producing advanced processors.

Despite challenges such as a recent earthquake and geopolitical risks, Taiwan has shown resilience and quick response in maintaining its production and business continuity plan. Lin expressed confidence in Taiwan’s capital markets, stating that while external factors like the U.S. elections and military conflicts may impact the markets, Taiwan’s strong fundamentals and quick response will help it navigate through uncertainties.

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