"The CEO of Mubadala, Abu Dhabi's sovereign wealth fund, said that the semiconductor industry is expected to achieve exponential growth in the next ten years. He said that chip makers will play a ""critical"" role in the global economy.

According to a CNBC report, Khaldoon Al Mubarak said in an interview with the media that it took 50 years for the semiconductor industry to develop to a scale of 500 billion US dollars, and it would take 8-10 years to double, but after that, it may only take 4 -It can double again in 5 years.

Mubadala is a national investment fund in Abu Dhabi, which manages approximately US$240 billion in assets. It is also a major shareholder of GF, which raised nearly US$2.6 billion in an initial public offering, making it one of the largest IPOs on the US exchange this year. one. It stated in the IPO document that the semiconductor industry will need to ""substantially increase investment to keep up with demand.""

GF is currently the third-largest generation factory in the world after TSMC and Samsung, producing chips for contactless payments, battery power management, touch display drivers, and many other uses. Other foundries with the highest market share include UMC and SMIC.

Mubarak pointed out that in addition to GF, the top five other foundries are all located in Asia. The differentiated advantage of GF compared with these foundries is that it has factories in the United States, Europe, and Asia, including three in the United States, one in Germany, and one in Singapore.

As Mubarak made this remark, demand for chips continues to exceed supply. The shortage has hindered production in many industries, from automobiles to household appliances, personal computers and smartphones. Some analysts and investors predict that the supply shortage will last until at least 2023, while others are more optimistic."