Taiwan Semiconductor Manufacturing Company (TSMC) has solidified its position in the MSCI Emerging Market Index, now holding 14.2% of the index, which is 227 basis points higher than India's 11.94%. This marks India's lowest weight in over six years, following significant sell-offs. TSMC's rise is attributed to its central role in the burgeoning AI sector, amidst a tech investment revival. As a result, Taiwan's total weight in the index has surged to 24.84%, surpassing China for the first time. Analysts have noted that TSMC's weight is the largest for any single company in the index over the past three decades, raising concerns about market concentration. The top 10 companies now account for 34.64% of the index, with Indian firms like HDFC Bank and Reliance Industries contributing only 0.8% each. This shift indicates a growing preference for Taiwan and South Korea among investors, who view them as key players in the AI supply chain, while India is increasingly seen as an underweight investment.