How Did AI Turn Taiwan Into a $4 Trillion Economic Powerhouse?
BeInCrypto
Fueled by semiconductor demand, Taiwan's market capitalization has surged to $4.14 trillion, establishing it as a top global economic force.Summary
Driven by the explosive demand for AI hardware, Taiwan's stock market has grown to a value of $4.14 trillion, surpassing the United Kingdom to become the world's seventh-largest market. This surge is largely attributed to Taiwan Semiconductor Manufacturing Company (TSMC), which accounts for over 40% of the market's capitalization and has seen its stock rally 680% since 2020. With record export orders and massive foreign investment inflows, Taiwan has effectively become a proxy for the global artificial intelligence sector.
(Source：BeInCrypto)