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While much of the attention around artificial intelligence (AI) focuses on ChatGPT, Nvidia, and the latest AI breakthroughs, a quieter story is unfolding behind the scenes.

At the centre of the global technology ecosystem sits Taiwan Semiconductor Manufacturing Company (TSMC), the company responsible for producing the vast majority of the world’s most advanced chips. From AI models and smartphones to cloud computing and autonomous systems, the digital economy increasingly depends on a single manufacturing bottleneck.

In this presentation, VISIO Co-CIO, Ofri Kahlon explores why AI demand continues to accelerate, why leading-edge chip production remains constrained, and how TSMC has become one of the most strategically important companies in the world. As AI reshapes industries, understanding who enables the technology may be just as important as understanding the technology itself.

Ofri Kahlon

Co-Chief Investment Officer (Local Equity & Hedge Funds)

MMORSE

Ofri Kahlon is Co-Chief Investment Officer for Local Equity and Hedge Funds at VISIO, a firm he joined in 2006, just three years after its founding. With over two decades of experience in financial markets and investment management, he brings deep expertise across both fundamental analysis and portfolio management, contributing meaningfully to investment decision-making at all levels. Ofri holds a Master's degree in Mathematics, Operational Research, Statistics and Economics (MMORSE) from the University of Warwick, UK.

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