TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

First publishedJul 28, 09:13 UTC

Last updatedJul 29, 21:19 UTC · 16h ago

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Fortune6The Fortune Global 500 gets top-heavy—and more powerful than everJul 28, 09:13 UTCOpen ↗Fortune6TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boomJul 28, 21:00 UTCOpen ↗

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The Fortune Global 500 has long been a scoreboard of corporate scale, reflecting the rise and fall of different industries and sectors. And in 2026, the ranking of the world’s largest companies by revenue reflects just how much the AI boom is supercharging revenues across the tech and semiconductor supply chains. For the first time, Tencent and Taiwan Semiconductor Manufacturing Company (TSMC) have broken into the top 100, underscoring how surging demand for advanced chips and digital platforms is reshuffling corporate size and power across Asia and the wider world. For the past year, heightened global demand for AI has fueled stratospheric price jumps for semiconductors and other hardware and Asia—which forms the hardware backbone of the AI supply chain—is cashing in.

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  TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

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  FortuneJul 28, 21:00

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