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TSMC enters global top 10 as AI demand lifts value
PwC’s report, released in May, said Taiwan Semiconductor Manufacturing Co. (TSMC), rose to ninth in the 2026 Global Top 100.
Its market value jumped 101% year on year to US$1.427 trillion as of March 31, helped by strong demand for AI-related devices and semiconductors.
PwC said TSMC was the only Taiwanese company on the list.
Its inclusion helped Taiwan rank fourth among economies represented, behind the US, China, and Saudi Arabia. Nvidia ranked first at US$4.237 trillion, ahead of Apple.
Recent operating trends help explain TSMC’s gain. The chipmaker’s 2025 revenue grew nearly 36%.
Advanced packaging for AI and high-performance computing chips has become a faster-growing part of its business.
PwC Taiwan also warned that Taiwan’s reliance on semiconductors creates concentration risk.
Separately, the US International Trade Administration said Taiwan’s semiconductor industry generated revenue equal to about 20.7% of gross domestic product in 2024.
🔗 Source: ANI
