The chief of the Taiwan Stock Exchange (TWSE) emphasized the pivotal role of Taiwan in the global AI supply chain and semiconductor industry.
What Happened: Sherman Lin, the CEO of the Taiwan Stock Exchange Corporation, highlighted the significant influence of Taiwan on the AI chip revolution and the broader semiconductor industry. Lin attributed the recent strong performance of the Taiwan Weighted Index to the surging demand for high-end chips and the robust server supply chain, reported CNBC on Friday.
Lin pointed out that Taiwan’s dominance in the global semiconductor industry is largely due to the Taiwan Semiconductor (NYSE:TSMC), the world’s largest contract chipmaker.
TSMC is a key supplier of advanced processors to tech giants like Apple Inc (NASDAQ:AAPL) and NVIDIA Corp (NASDAQ:NVDA), thus solidifying Taiwan’s critical role in the AI supply chain.
He stated, “I think this is a lot of attraction for investors … So it means, actually, Taiwan plays [a] very crucial role in AI supply chain and also the semiconductor industry.”
In 2023, Taiwan led the world in advanced chip manufacturing technology, including 16- or 14-nanometer and more advanced processes, with a 68% global capacity share.
The country also held nearly ...