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Taiwan President Lai Ching-te emphasized the importance of maintaining the political status quo as the island hosts Computex.

President Lai Ching-te linked Taiwan's political status quo to global AI supply chain stability.

KEY POINTS
Taiwan President Lai Ching-te emphasized the importance of maintaining the political status quo as the island hosts Computex, attended by leading technology firms. Lai argues that stability is key to securing global supply chains, particularly within the artificial intelligence sector, anchored by TSMC. With its significant presence in the AI supply chain for prominent companies like Nvidia and Apple, Taiwan plays a pivotal role, according to Lai. "As the global demand for AI increases, so does the need for a stable and responsible Taiwan," he said, affirming the government's commitment to peace in the Taiwan Strait. During the conference, Nvidia CEO Jensen Huang stated the importance of a diversified supply chain, citing Taiwan as a strategic partner for the U.S. Nvidia plans to invest $150 billion annually in Taiwan, underscoring the region's central role in the AI revolution and announcing plans to expand its workforce there. (With inputs from agencies.)
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