USDTWD.ai Taiwan Macro Atlas

Taiwan Chip-Firm Market Cap Versus Gross Domestic Product, 2025

Five listed chip firms equaled 156.2% of Taiwan’s implied gross domestic product in 2025.

What the Data Shows

This statistic shows how much Taiwan’s equity market is concentrated in semiconductor-linked firms. The five selected listed chip firms together exceeded Taiwan’s preliminary gross domestic product (GDP) in market value at end-2025. TSMC alone was about 140% of the implied GDP base. The result is a stock-market scale comparison, not a measure of economic output.

Data table

Chip caps / GDP 156.2% Top five listed chip firms
Top five chips NT$44.82T Market cap
TSMC alone 140.1% of GDP
TSMC cap NT$40.20T End-2025
TWSE total NT$94.36T End-2025
GDP implied NT$28.70T Prelim
Chip share TWSE 47.5% Top five

Sources

Source 1: Top 30 Companies by Market Capitalization in 2025

Publisher: Taiwan Stock Exchange

Dataset/table: TWSE Fact Book 2026 top 30 market capitalization table

Units: NT$ millions

Date checked: 2026-05-14

Evidence: Reports end-2025 market capitalizations for TSMC, MediaTek, ASE, UMC and other listed firms.

Note: Reports end-2025 market capitalizations for TSMC, MediaTek, ASE, UMC and other listed firms.

Source 2: Market Highlights: GDP and Capitalization for Stock, 2025

Publisher: Taiwan Stock Exchange

Dataset/table: TWSE Fact Book 2026 market capitalization and GDP ratio

Units: NT$ millions and percent

Date checked: 2026-05-14

Evidence: Reports end-2025 listed market capitalization of NT$94,358,927M and market-cap/GDP of 328.80%.

Note: Reports end-2025 listed market capitalization of NT$94,358,927M and market-cap/GDP of 328.80%.

Data notes & caveats

GDP means gross domestic product and is preliminary in the Taiwan Stock Exchange Fact Book footnote. Market capitalization is end-2025 equity value, not annual production or revenue.

Methodology

Sum Taiwan Stock Exchange end-2025 market capitalizations for TSMC, MediaTek, ASE, UMC and Nanya. Derive gross domestic product from listed-market capitalization divided by the market-cap/GDP ratio.

Source consistency notes

All market-cap values and the market-cap/GDP ratio use TWSE Fact Book 2026 tables with the same end-2025 reference point.