“`html
The adoption of artificial intelligence (AI) is projected to create a market worth over $15 trillion by 2030, according to PwC research. Major players in this space include Taiwan Semiconductor Manufacturing (TSMC) and Microsoft.
TSMC, the leading producer of AI semiconductors, manufactures an estimated 90% of the world’s AI chips. Its revenue rose 41% to $25.5 billion in Q1 2025, with earnings per share increasing by 60% to $2.12. The CEO anticipates AI revenue will double this year.
Microsoft, a significant investor in AI, has integrated ChatGPT into its products and reports a 35% increase in Azure cloud services sales within the last fiscal quarter. It holds a 21% market share in cloud computing, trailing only Amazon’s 30%, and plans to spend $80 billion on cloud infrastructure this fiscal year.
“`
