Taiwan stock market cap surpasses UK's

Taiwan's stock market has made history as its total market capitalization has surged to $4.14 trillion, surpassing the United Kingdom's $4.09 trillion for the first time. The market cap has tripled since 2020, driven almost entirely by an AI-fueled surge in the semiconductor sector. This milestone reflects the outsized global influence of Taiwan's tech industry, particularly chipmakers like TSMC, amid booming demand for artificial intelligence components.