Taiwan’s stock market has officially overtaken India in total market capitalization, reaching approximately $4.95 trillion as a powerful rally in semiconductor giant TSMC fueled investor momentum.
The surge now places Taiwan as the world’s fifth-largest equity market, behind only the United States, China, Japan, and Hong Kong.
Analysts say the rapid growth reflects soaring global demand for AI infrastructure and advanced semiconductors, with Taiwan continuing to play a central role in the global technology supply chain.
TSMC’s dominance in high-end chip manufacturing has become one of the biggest drivers behind Taiwan’s market expansion, especially amid accelerating investments tied to artificial intelligence and data centers.