TSMC's relentless rise powers Taiwan's market value above India's
Chip giant TSMC's relentless rise has lifted Taiwan's total stock-market value above India's. According to the Straits Times, Taiwan's market is now the world's fifth-largest, behind the US, China, Japan and Hong Kong.
A steady climb in shares of chipmaker TSMC has pushed Taiwan's total market capitalisation above that of India. According to the Straits Times, Taiwan is now the world's fifth-largest equity market, behind the United States, China, Japan and Hong Kong.
Global demand for artificial-intelligence hardware has placed TSMC, the leader in advanced chip manufacturing, at the centre of those market gains. The degree to which a single company drives the national index highlights both Taiwan's weight in the AI supply chain and the risk of concentration.
Analysts note that such leadership remains sensitive to headlines and demand cycles; a possible slowdown in chip demand could have an outsized effect on the index. This article is for information only and is not investment advice.
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