Taiwan market hits $4.14T

Taiwan’s stock market reached about $4.14 trillion on April 15, overtaking the U.K. and becoming the world’s seventh-largest equity market. (bloomberg.com) Bloomberg’s data put the combined value of Taiwan-listed companies at $4.14 trillion, versus about $4.09 trillion for the U.K. market. The move came after a rally in technology shares pushed the Taiex to repeated record highs in April. (bloomberg.com) (focustaiwan.tw) The Taiwan Stock Exchange said total market capitalization for TWSE-listed stocks reached NT$120.06 trillion in the week ended April 17. On April 23, the Taiex touched an intraday record 38,921.95 before closing at 37,714.15, with turnover at a record NT$1.4 trillion. (publicnow.com) (focustaiwan.tw) The market’s rise has tracked the artificial intelligence buildout, which has sent investors into companies that design chips, package them, or supply the equipment to make them. Taiwan sits in the middle of that chain because many of the world’s most advanced processors are manufactured there. (investor.tsmc.com) (reuters.com) Taiwan Semiconductor Manufacturing Co., the island’s biggest listed company, reported first-quarter revenue of NT$1.134 trillion, up 35% from a year earlier. CNBC reported first-quarter net income of NT$572.48 billion, a fourth straight quarterly record. (reuters.com) (cnbc.com) TSMC’s scale now shapes the whole market. StockAnalysis put its market value at about $1.69 trillion on April 22, while Bloomberg reported Taiwan’s regulator is moving to ease single-stock concentration limits so active funds can hold more TSMC. (stockanalysis.com) (bloomberg.com) Taiwan’s exchange data show how concentrated that rise has become. The TWSE’s 2025 Fact Book says it tracks the market value of listed companies by industry and ranks the top 30 companies by capitalization, with semiconductor names dominating the largest tier in recent years. (twse.com.tw) The backdrop has also shifted in the past two weeks. Bloomberg said Taiwan stocks regained favor as tensions tied to the Iran war eased, and Taipei Times reported the Taiex had erased its war-related losses by April 15 while gaining 25.32% this year. (bloomberg.com) (taipeitimes.com) That leaves Taiwan with a stock market worth more than the U.K.’s, but increasingly tied to one trade: global demand for artificial intelligence chips and the companies that build them. (bloomberg.com) (investor.tsmc.com)