Taiwan's stock market is now worth more than the United Kingdom's
Finance
An island smaller than West Virginia now holds more market wealth than the entire British economy, driven by a global thirst for high-end silicon.
In a historic shift for global finance, Taiwan's total stock market value recently climbed to 4.14 trillion dollars, surpassing the United Kingdom's valuation for the first time. This leap is fueled almost entirely by the world's reliance on a single company, TSMC, which produces the advanced processors found in everything from smartphones to the servers training modern artificial intelligence.