Hwang In-hoon's most recent and important statement: the chip industry will not experience a recession for some time and will need to expand five to tenfold

AN EXTENSIVE AND IN-DEPTH DISCUSSION ON THE STATUS OF ARTIFICIAL INTELLIGENCE WAS HELD BETWEEN YOUNG WEIDA CEO WONG IN-HOON AND AXIOS CO-FOUNDER MIKE ALLEN. HUANG IN-HOON STATED THAT, DESPITE THE LONG-STANDING CYCLE OF THE CHIP INDUSTRY, “THIS TIME THE SITUATION IS DIFFERENT”. EVEN TAKING INTO ACCOUNT THE EXTREME CYCLICAL FLUCTUATIONS IN THE HISTORY OF THE CHIP INDUSTRY (AS SHOWN IN THE FIGURE), THERE IS ROOM FOR THE CURRENT BOOM TO CONTINUE. WHEN ASKED WHETHER THE INDUSTRY WAS ABOUT TO DECLINE, HUANG IN-HOON REPLIED: “NO, IT WILL NOT HAPPEN FOR SOME TIME TO COME. THIS WAS DIFFERENT, AS IT WAS NOT DEMAND-DRIVEN.” WONG IN-HOON FURTHER EXPLAINED THAT THE CURRENT AI BOOM IS NOT DRIVEN BY CONSUMER DEMAND, WHICH HAS LONG BEEN THE MAIN DRIVING FORCE OF THE INDUSTRY. THE CURRENT AI BOOM IS INDUSTRY-DRIVEN, MEANING THAT CORE COMPUTER TECHNOLOGY IS CHANGING. WE NEED A COMPLETELY NEW INFRASTRUCTURE HIERARCHY ON A GLOBAL SCALE. HAVING ACCESS TO ENERGY, THE INTERNET, ROADS AND RAILWAYS, WE NOW NEED TO BUILD THE INTELLIGENT LAYER OF ARTIFICIAL INTELLIGENCE, I.E., A LAYER OF INFRASTRUCTURE BUILT ON THEM. AND THIS LAYER OF INFRASTRUCTURE DEPENDS ON CHIPS. I THINK OUR SEMICONDUCTOR INDUSTRY MAY BE FIVE TO TEN TIMES LARGER THAN IT IS NOW... THE INDUSTRY IS TOO SMALL. ALL OF THIS IS EXTREMELY SHORT BECAUSE IT IS NOT A CYCLICAL ISSUE OR A CONSUMER DEMAND, BUT A FUNDAMENTAL INFRASTRUCTURE-RELATED FACTOR. AS A RESULT, THE WHOLE INDUSTRY IS IN SHORT SUPPLY. I THINK WE HAVE TO DOUBLE THE SIZE OF THE INDUSTRY. KIM XIAN