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Taiwan surpasses Canada as the sixth-largest equity market, powered by AI-driven chip stocks and the meteoric rise of TSMC.
Taiwan's equity market is now the sixth largest globally, surpassing Canada.
KEY POINTS
- TSMC alone accounts for nearly 45% of Taiwan's equity benchmark and is valued at $1.8 trillion.
- Taiwan's market capitalization grew over 35% this year, compared to Canada's 5% growth.
- The shift is largely driven by AI-fueled demand for semiconductors in Taiwan's tech-heavy sector.
COMPANIES
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