Staff writer, with CNA
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is now ranked ninth among the world’s 100 most valuable companies after its market capitalization more than doubled over the past year, PricewaterhouseCoopers (PwC) Taiwan said in a report last month.TSMC’s market capitalization surged 101 percent year-on-year to US$1.427 trillion as of March 31, the accounting and consulting firm’s 2026 Global Top 100 Companies by Market Capitalization report said.The gain catapulted the world’s largest contract chipmaker from 12th place to ninth in the rankings, and it was the fastest-growing among the global top 10, it said.
The logo of TSMC or Taiwan Semiconductor Manufacturing Company Limited outside of its office building in Hsinchu, Taiwan, 16 April 2026. TSMC said that first-quarter profit jumped 58 percent, beating expectations and setting a new record amid strong demand for AI chips.
TSMC was the only Taiwanese company among the top 100, but its market capitalization gains lifted Taiwan’s ranking from seventh to fourth among economies represented in the top 100, trailing only the US, China and Saudi Arabia.PwC Taiwan chief markets officer Lin Yi-fan (林一帆) said TSMC’s market value doubled due to strong demand for artificial intelligence (AI) devices and semiconductors, pushing the company into the global top 10 while elevating Taiwan to fourth place worldwide.
