Nvidia, AMD, and TSMC are seeing significant growth due to increasing AI infrastructure spending. Nvidia reported a 69% revenue increase in fiscal Q1 2026, driven by a 73% rise in data center revenue. Its CUDA platform has helped maintain its leading position in the GPU market. Meanwhile, AMD, though second in the GPU market, saw its revenue grow by 36%, with substantial contributions from data center CPUs and AI inference GPUs.

Taiwan Semiconductor Manufacturing Company (TSMC) has benefited from producing chips crucial to AI advancements, resulting in a 35% increase in Q1 revenue. As demand for high-performance computing rises, TSMC's capabilities and scale allow it to capitalize on the growing AI market, prompting revenue growth and improved gross margins. TSMC stands to profit regardless of which chip designer dominates.

Palantir's growth is accelerating with a 39% revenue increase in Q1, buoyed by the adoption of its AI Platform across U.S. commercial and government sectors. The company's expanding commercial customer base and varied applications of its AI Platform point to strong future growth. Palantir's solutions address diverse industry needs, from healthcare monitoring to insurance underwriting.

SoundHound AI is experiencing rapid expansion, particularly in agentic AI, which could significantly impact the market. The company's advancements suggest potential for substantial growth moving forward.