Half of that is TSMC at a $2 Trillion market cap. Crazy.
64
Sniperkitten423 days ago
-13
I wonder what happens when the bubble inevitably bursts and half their orders are still unfulfilled.
I'm not sure hanging half your economy on one company is sustainable, especially when that company is so interconnected with western tech companies.
-13
Smooth-Accountant3 days ago
+31
It’s not like TSMC was struggling for orders before AI came into play lol
31
Sandslinger_Eve3 days ago
+24
I dont think you have a full grasp of how vital TSMC is to the world economy.
The company is single handedly the reason why the west will 100% act on Taiwan's behalf if China tries to invade.
24
37GreaterThan45473 days ago
+2
Yay, someone gets it! The risk of something bad happening to them is what keeps China from doing anything more than talk about action there.
2
themikker3 days ago
+2
[https://en.wikipedia.org/wiki/Dutch\_disease](https://en.wikipedia.org/wiki/Dutch_disease)
Absolutely a concern.
2
Dingcock3 days ago
+1
What choice do they have ? Break up TSMC ?
1
xnmyl3 days ago
**The stock market is not the economy**
0
gym_fun3 days ago
+9
>Taiwan overtook the UK in stock market value as the island’s tech firms regained favor amid hopes for further de-escalation in the Iran war.
>Taiwan’s market capitalization rose to $4.14 trillion as of Wednesday, making it the world’s seventh largest, according to data compiled by Bloomberg that show the combined value of companies with a primary listing on the island. The UK’s market was valued at around $4.09 trillion.
9
37GreaterThan45473 days ago
+6
And NVDA's beats both of them. It's hard to imagine so much wealth in a single company.
6
Haru1st3 days ago
+7
That’s because it isn’t. It’s the same money bouncing around different companies and being counted on each hop.
7
Crescent-IV3 days ago
+1
The US stock market is just massively overinflated tbf
1
East-Presentation7063 days ago
+7
Uk is the world's 5th largest economy. Taiwan is 22nd.
7
xnmyl3 days ago
+5
**The stock market is not the economy**
5
thickjamaicanuncle3 days ago
+4
Can I hold a dollar Taiwan plz 🥺
4
kl1220023 days ago
+2
I would be much worried when it's gonna be slammed down harder than the expected.
2
thewavefixation3 days ago
-4
Hard to believe that an economy dedicated to financial services and nostalgia got beat by people who actually make shit
-4
hungerofpine3 days ago
+34
The stock market is not the economy lol
34
Sandslinger_Eve3 days ago
-6
Sure, and when the stock market crashes it has no effect on the economy 😂.
To quote a certain jihadist "he (that) which can destroy a thing, owns that thing"
-6
AdFeeling8423 days ago
+12
eh “making stuff” isn’t just factories anymore and the uk’s large service industry isn’t just finance either; it’s software, ip, ai, biotech, research, fintech, creative industries etc
and even if you ignore that it still has the 2nd largest aerospace industry globally one of the leading pharma hubs and a solid base of high end engineering and advanced manufacturing firms.
12
noir_lord3 days ago
+2
I just chalk it up to people shitting on "how things used to be" who don't really understand how things used to be or are now.
Does the UK economy have issues, sure we are over dependent on the US (though most of our trade is as you'd expect with EU/Europe) which isn't maybe a great idea *waves at the world* but we are also doing well in a bunch of areas.
2
MilkFew22733 days ago
+1
The corpos doing well doesn't mean you do
1
Jerri_man3 days ago
+5
Well that and the *enormous* financial speculation of the shit they make
5
thewavefixation3 days ago
-12
As opposed to the enormous lack of anything that would ask an investor to look to the UK for anything really
-12
yubnubster3 days ago
+12
The UK has the third highest level of foreign investment in tech after China and the US.
12
Jerri_man3 days ago
+8
I don't think you understand what the economy is in either country or what the market cap reflects tbh
8
calstanfordboye3 days ago
+1
It's literally just one company.
1
Boys4Ever3 days ago
+1
Safer when they weren't in the spotlight. Now China sees greater importance than ever before.
1
stonertear3 days ago
+1
Imagine if China ended up taking Taiwan.
1
Dry_Departure_78133 days ago
+6
Tbf, at this point I wouldn't be suprised if china offered to put trumps name on a sky scraper and the US just gave them Taiwan
6
WolfpackConsultant3 days ago
+1
China is a big country, he'd need at least 3 skyscrapers
1
leon_alistair3 days ago
+1
Its becoming more likely the longer Trump is in power lol
Every politicians who aligned themselves with Trump are getting shit on everywhere atm. Its hilarious
33 Comments