Explained: Why Taiwan has overtaken India to become world’s fifth largest stock market

After months of AI-led rallies, Taiwan has finally overtaken India in terms of total stock market valuation, driven largely by the sharp rally in shares of Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker.

May 26, 2026 - 09:00
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Explained: Why Taiwan has overtaken India to become world’s fifth largest stock market
After months of AI-led rallies, Taiwan has finally overtaken India in terms of total stock market valuation, driven largely by the sharp rally in shares of Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker.

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