Taiwan Semiconductor Manufacturing Co. (TSMC) added $293.89 billion to its market value in early 2026. This surge brings the company's total valuation to approximately $1.58 trillion.
During the same period, Apple, Alphabet, Nvidia, Amazon, and Microsoft collectively lost over $1.3 trillion in market capitalization. This divergence signals a significant rotation of investor capital across the global market.
Investors are reacting to growing concerns over the profitability of heavy AI investments by major technology firms. While Big Tech faces a downturn, companies including TSMC, Samsung, and Walmart are recording significant gains as capital shifts toward different sectors and geographies.