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SEMI Country excerpt 1: Rediscovering Taiwan’s position in the AI era

Former Premier of Taiwan Chuan Lin (2016-2017) once asked me, “Will the AI wave become a bubble?” I do not see any signs of a bubble. Perhaps you are thinking of the dot-com bubble, but did the internet bubble really burst? In the spring of 2000, internet stocks plummeted, and many startups closed down. However, the internet wave did not vanish; it even found greater opportunities after the launch of the iPhone in 2007. Today’s AI wave is merely a new opportunity arising from the diverse connections of big data, cloud services, and more.