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🇹🇼 Taiwan just overtook the UK in market cap.
$4.14T vs $4.09T, driven by AI demand flowing into semiconductors, with TSMC at the center.
Chips are built through an extreme precision process, advanced lithography, layered deposition, etching, and packaging, all dependent on rare equipment and long supply chains.
AI demand is exploding faster than capacity can scale, and fabs take years plus tens of billions to build.
If supply keeps up, AI adoption accelerates across every industry.
If it does not, shortages, higher costs, and bottlenecks will slow everything from data centers to consumer tech.