Stocks & Markets

AI boom powers Taiwan, South Korea to record market caps, reshaping global equity rankings

Asia0 views1 min
AI boom powers Taiwan, South Korea to record market caps, reshaping global equity rankings

Taiwan's stock market capitalization reached a record $4.5 trillion, driven by AI-linked stocks, particularly semiconductor giants like TSMC. South Korea's equity market also hit a record $4.1 trillion, supported by tech heavyweights like Samsung Electronics and SK Hynix.

Taiwan and South Korea have achieved record market capitalizations due to a surge in AI-linked stocks. Taiwan's stock market capitalization reached $4.5 trillion, overtaking Canada and the UK, driven by semiconductor giants like TSMC. The TAIEX index crossed 40,000 for the first time, reflecting strong investor optimism. South Korea's equity market reached $4.1 trillion, supported by gains in tech heavyweights like Samsung Electronics and SK Hynix. The two markets added approximately $4.6 trillion in value over the past year. As global investment in AI accelerates, analysts expect continued capital inflows into these markets.

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