How TSMC and AI mania helped Taiwan leapfrog India in global equity rankings
Published on: May 26, 2026, 11:27 a.m. | Source: The Economic Times
Taiwan has emerged as the world’s fifth-largest stock market, overtaking India amid a massive rally in semiconductor stocks. The rise has been powered largely by Taiwan Semiconductor Manufacturing Company (TSMC), which has become one of the biggest beneficiaries of the global artificial intelligence boom. (Sources: CNBC, Bloomberg, Yahoo Finance) TSMC’s AI-fuelled rally reshapes global equity rankings
