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AI Boom Lifts King Slide Founder’s Fortune to $16.7 Billion

1 reports · First detected 2026-08-11 · Last active 2026-08-11

King Slide Works, a Taiwanese maker of precision slide rails, has emerged as a key server-industry supplier as hyperscalers accelerate spending on AI computing capacity. Its rails are a small but essential component in server racks, giving the company leverage to the global data-center buildout. The rally has also sharply increased the value of founder Lin Tsung-Chi’s stake, turning an infrastructure component manufacturer into one of Taiwan’s most closely watched AI beneficiaries.

As of Aug. 11, 2026, King Slide shares had surged to become Taiwan’s second-highest-priced stock, behind the market’s “stock king.” Forbes’ real-time tracker put Lin’s net worth at $16.7 billion, lifting him past Yageo Chairman Pierre Chen and Hon Hai Precision Industry founder Terry Gou. The reshuffling underscores how investor enthusiasm for AI servers and data-center construction is translating into personal wealth for owners of Taiwan’s hardware suppliers.

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