Hugo Hacker News

TSMC overtakes Tencent to become Asia’s most valuable company

TMWNN 2021-08-19 00:33:56 +0000 UTC [ - ]

From the article:

>TSMC, a major supplier to Apple, overtook Tencent earlier in August. The Taiwanese chipmaker is now sitting at the top spot by market capitalization — among Asia firms — at more than $538 billion, according to data from Refinitiv Eikon as of Wednesday morning during Asia hours.

>Tencent sat in second place, with a market capitalization of more than $536 billion while Alibaba was a distant third at about $472 billion.