TSMC’s rise liftsTSMC’s rise lifts Taiwan above India in market value
Taiwan’s stock market value has overtaken India’s, driven largely by a sharp rally in Taiwan Semiconductor Manufacturing Co., according to reports published on May 26.
The move highlights how a single chipmaker has come to shape Taiwan’s financial standing, underscoring the country’s central role in global semiconductor supply chains.
- Taiwan is a major producer of advanced chips used in smartphones, cars, and artificial intelligence systems.
- India’s stock market has grown quickly in recent years, driven by domestic savings and foreign investment interest.
- Contract chipmakers like TSMC helped create the modern “fabless” model, where companies design chips but outsource manufacturing.
