As of the first quarter of 2025, Taiwan Semiconductor Manufacturing Company (TSMC) reported a 35% year-over-year revenue increase, reaching $25.5 billion, with cash from operations surging by 43%. TSMC commands a 67% market share in the contract chipmaking industry. The company anticipates compound annual revenue growth of 20% from 2024 to 2029, fueled by rising demand for AI-capable semiconductors, which accounted for 59% of its Q1 revenue.
Alphabet, the parent company of Google, reported $90.2 billion in revenue for Q1, with advertising comprising 74% of that total. Despite a recent stock increase of less than 1%, the company saw its Google Cloud operating income rise by 142% year-over-year to $2.2 billion, indicating a positive trend toward profitability. Concerns surrounding economic slowdowns and ongoing antitrust cases remain for investors.
