TSMC continues to strengthen, with its market value surpassing that of India.

Boosted by the sharp rise in the stock price of Taiwan Semiconductor Manufacturing Company (TSMC), the stock market capitalization of Taiwan has surpassed that of India. Data shows that as of Monday, the total market capitalization of Taiwan's stock market reached $4.95 trillion, while India's stock market capitalization fell to $4.92 trillion. The rise in Taiwan's market capitalization is mainly driven by TSMC, which accounts for over 42% of the local benchmark index, indicating a high market concentration. Benefiting from the boom in the artificial intelligence industry, TSMC's stock price has risen by 49% this year, with its chip products holding a dominant position in the relevant fields.