Taiwan plays a ‘very crucial role' in AI supply chain, says Taiwan Stock Exchange CEO

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Taiwan plays a ‘very crucial role' in AI supply chain, says Taiwan Stock Exchange CEO
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Much of Taiwan’s dominance can be attributed to Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker.

Taiwan plays a critical role in the AI chip revolution and in the semiconductor industry, said Taiwan Stock Exchange Corporation's Sherman Lin, in an exclusive interview.

TSMC has been diversifying away from Taiwan amid U.S.-China tensions and as other nations such as the U.S. and Japan woo firms to set up chip factories.Taiwan plays a critical role in the AI chip revolution and the global semiconductor industry, the chief executive of the Taiwan Stock Exchange told CNBC in an exclusive interview.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly"It is just because the high demand of the high-end chip, and also the server supply chain. That's why our stock market is going up," he said.Modi's BJP is set to majorly boost its vote share in opposition-ruled Tamil Nadu as India goes to polls

"We have very good fundamentals of ICT industries. So we can have the strength to facilitate, leveraging the success of the ICT and technology industries, new economy business," said Lin.in the first quarter, as the industry continued to see a strong demand for advanced chips, especially those used in AI applications.

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