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Asia-Pacific market caps reshaped by AI and semiconductor demand
The Asia-Pacific (APAC) corporate market capitalization landscape underwent a significant reshuffle in the third quarter of 2026, driven largely by the rapid expansion of artificial intelligence (AI) infrastructure. According to data from GlobalData, the total market capitalization of the 50 largest APAC companies reached $13.74 trillion, a 49.5% increase year-over-year.
Taiwan Semiconductor Manufacturing Co (TSMC) maintained its position as the region's leader, with a market capitalization of $2.02 trillion. The surge in semiconductor and memory sectors was particularly pronounced. In South Korea, Samsung Electronics saw its valuation rise by 225.6% to $1.27 trillion, while SK Hynix experienced a 432.8% increase, reaching $956.3 billion, fueled by high demand for high-bandwidth memory (HBM).
A major contributor to the quarterly gains was ChangXin Memory Technologies (CXMT), which accounted for $555 billion of the $620 billion total increase following its July listing in Shanghai. Conversely, several former technology leaders, including Alibaba, Tencent, and Contemporary Amperex Technology, saw their market positions decline compared to the previous year.
Entities
ChangXin Memory Technologies · GlobalData · SK Hynix · Samsung Electronics · Taiwan Semiconductor Manufacturing Co
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The market capitalization of the 50 largest Asia-Pacific companies reached $13.74 trillion at the end of Q3 2026. finchannel.com · www.globaldata.com
- [● 2 SOURCES] SK Hynix's market capitalization reached $956.3 billion, representing a 432.8% increase. finchannel.com · www.globaldata.com
- [● 2 SOURCES] ChangXin Memory Technologies (CXMT) accounted for $555 billion of the $620 billion total gain in the APAC market cap group during the quarter. finchannel.com · www.globaldata.com
- [● 2 SOURCES] Samsung Electronics reached a market capitalization of $1.27 trillion, up 225.6%. finchannel.com · www.globaldata.com
- [● 2 SOURCES] Tencent, Alibaba, and Contemporary Amperex Technology lost substantial market value compared to the previous year. finchannel.com · www.globaldata.com
- [● 2 SOURCES] TSMC ended September with a market capitalization of $2.02 trillion. finchannel.com · www.globaldata.com