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Fortune

Angelica Ang

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

Tencent Fortune TSMC Asia Nvidia Wistron Coupang Daikin Semiconductor SK Hynix

(Credit: CHENG XIN VIA GETTY IMAGES)

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.

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