TSMC Posts Record Q1 Revenue of $35.7 Billion on Surging AI Chip Demand
TSMC reported Q1 2026 revenue of $35.71 billion, a 35% year-on-year jump, driven by relentless demand for AI chips from hyperscalers and AI model developers.
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Foxconn Q1 Revenue Jumps 30% Driven by Surging AI Server Demand
Foxconn reported a 29.7% year-on-year revenue rise in Q1 2026, fuelled by strong demand for AI racks, while cautioning on geopolitical uncertainty.
OpenAI Reaches $25 Billion in Annualized Revenue as Anthropic Hits $19 Billion Ahead of Respective IPOs
New data shows OpenAI's annualized revenue has reached approximately $25 billion while Anthropic's stands at $19 billion, as both AI giants prepare for potential IPOs with starkly different financial profiles.
OpenAI's ChatGPT Ad Pilot Surpasses $100 Million in Annualized Revenue Within Six Weeks of Launch
OpenAI's nascent advertising business crossed $100 million in annualized revenue less than two months after launching its US pilot, with plans to expand globally to Australia, New Zealand, and Canada.
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