Garg added that Taiwan’s government also played a role in this success by implementing strategic policies aimed at fostering tech innovation and manufacturing, which further boosted investor confidence.
Other regional markets, such as Australia’s ASX200 and India’s Nifty50, saw more modest gains of 7.6 per cent and 9.2 per cent, respectively.
Taiwan’s dominance in the chip-making industry has amplified on the back of a sustained recovery in global demand, especially fueled by the rapid advancements in artificial intelligence (AI), electric vehicles, and 5G technologies.
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