Taiwan’s Stock Market Has Nearly Doubled Over the Past Year

Taiwan’s stock market has nearly doubled over the past year, delivering one of the strongest equity rallies globally.
The surge has been driven largely by investor enthusiasm around semiconductors, AI infrastructure and Taiwan’s central role in the global chip supply chain.
Major technology manufacturers have benefited from accelerating demand for advanced processors, servers and data-center hardware.
The rally also reflects how concentrated global AI spending has become around a relatively small group of semiconductor and hardware companies.
With valuations rising quickly alongside prices, the next test will be whether earnings growth can keep pace with increasingly aggressive expectations.
For now, Taiwan remains one of the clearest equity-market beneficiaries of the global AI investment cycle.