Taiwan’s stock market capitalization reached $4.95 trillion. This valuation overtakes India’s $4.92 trillion total. Taiwan now ranks as the world’s fifth-largest equity market.
Taiwan Semiconductor Manufacturing Co. (TSMC) drove the growth. TSMC shares have surged 49% year-to-date. Booming demand for artificial intelligence hardware fueled the rally.
TSMC now accounts for over 42% of the Taiwan Weighted Index. Investors are shifting focus toward tech-hardware-heavy markets during the AI cycle. TSMC’s stock price remained stable following the announcement.