Taiwan’s stock market on Tuesday passed India’s to become the fifth-most valuable in the world, worth nearly $5 trillion. Investors can thank the AI trade. Taiwan is just one of the countries in Asia that is playing a key role in the global AI trade with exports of advanced semiconductors, memory, and other key equipment, said Michelle Gibley, director of international equity research and strategy at SCFR. “Certainly, we’re seeing countries across Asia really participate in this AI capex boom.” Companies in the AI hardware supply chain that support the growth of data centers have been the winners so far this year, while also driving accelerating export growth, economic growth, and consumer spending in Taiwan, South Korea, and…