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According to the CEO of the Taiwan Stock Exchange, Taiwan holds a pivotal position in the supply chain for artificial intelligence (AI)
According to Sherman Lin, CEO of the Taiwan Stock Exchange Corporation, Taiwan is a critical player in both the AI chip revolution and the global semiconductor industry. Lin emphasized Taiwan's importance in these sectors during an exclusive interview with CNBC.
Lin attributed the significant gains in Taiwan's stock market, as reflected by the Taiex, to the increasing demand for high-end chips and the expansion of the server supply chain due to the AI revolution.
Lin highlighted the pivotal role of Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, in Taiwan's semiconductor dominance. TSMC's advanced chip manufacturing capabilities, particularly in producing processors for tech giants like Apple and Nvidia, contribute significantly to Taiwan's semiconductor industry leadership.
Recent data from TrendForce underscores Taiwan's supremacy in advanced chip manufacturing technologies, with the country leading in processes such as 16- or 14-nanometer and extreme ultraviolet generation. This technological edge solidifies Taiwan's position as a global leader in chip manufacturing.
Despite facing challenges such as geopolitical tensions and a recent earthquake, Taiwan has demonstrated resilience. Lin noted that the country's ICT industries provide a strong foundation, enabling quick responses to challenges and maintaining business continuity, as seen in the minimal impact on production reported by listed companies.
Lin expressed confidence in Taiwan's capital markets, emphasizing their resilience and ability to rebound quickly from adverse events. While acknowledging the potential impact of external factors like geopolitical conflicts and elections, Lin remains optimistic about Taiwan's fundamentals and its capital market's ability to navigate challenges effectively.
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