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Taiwan has surpassed the United Kingdom in market value for the first time. $4.14 trillion versus $4.09 trillion.

The UK has remained virtually stagnant since 2013.

Taiwan's value has tripled since 2020, almost entirely due to TSMC, which has risen 680% and represents more than 40% of the entire Taiwanese stock market.

This is the clearest illustration yet of what AI is doing to the map of global capitalism.

An island of 23 million inhabitants, possessing the most strategic asset in the digital economy, surpassing one of the world's largest economies.

That's shocking

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64 sats \ 2 replies \ @gmd 24 Apr

They are strangling their economy

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I knew that but somehow I was still shocked

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So all the millionaire immigrants are leaving UK?

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Surpassing a G7 economy like the UK underscores why Taiwan's stability is no longer just a regional issue, but a critical necessity for the global financial system

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Apart from football, immigration and taxes I don't know another way the UK gross revenue

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1 sat \ 0 replies \ @Oxy 23 Apr -10 sats

It's the ultimate proof of the AI boom. Taiwan isn't just an island anymore; it’s the hardware backbone of the entire digital era. Market cap follows the silicon