16/4/2026, 2:53:02 pm

Taiwan's market cap surges past $4 trillion amid AI boom

Taiwan surpassed the UK as the world's seventh-largest market with a value of $4.14 trillion, driven by tech firms' recovery amid Iran war concerns. Heavyweight Taiwan Semiconductor Manufacturing Co. saw strong revenue growth, and the Taiex Index hit a record high. Taiwan's market capitalization rose as foreign investors bought a net $8.9 billion of Taiwanese shares in April.