The South Korean stock market has achieved a significant milestone, becoming the sixth-largest market globally with a capitalization of $5.04 trillion, surpassing India, which now ranks seventh at $4.84 trillion. This shift is attributed to an AI-triggered rally, particularly benefiting South Korea's Kospi index, which has surged 221% year-to-date. Major contributors to this growth include Samsung Electronics and SK Hynix, whose stock prices have skyrocketed by 524% and 1000%, respectively, due to increasing demand for AI and semiconductor technologies. In contrast, India's market has struggled, with its benchmark index, the Nifty 50, down by 10.57% this year, primarily due to the absence of AI-related stocks. Taiwan continues to hold the fifth position with a capitalization of $5.15 trillion, driven largely by the success of the Taiwan Semiconductor Manufacturing Company, which has seen its shares rise by 49% this year. Overall, the concentration of wealth in the global equity market is becoming increasingly pronounced, with a small number of companies driving the majority of gains.