Alphabet and Adobe gear up for AI revenue growth, TSMC expects doubling of AI-related revenue by 2025
300+ Words Refined into 3 Facts by AI • 1 source • 45m ago
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- AI stocks have significantly impacted the Nasdaq, pushing it up 43% in 2023 and 29% in 2024 before falling into correction territory in 2025.1
- Alphabet is a major beneficiary of AI spending, with its Google Cloud business experiencing a 30% increase in demand in its most recent quarter.1
- Adobe has seen a 4x increase in generative AI monthly active users (MAUs) in 2024, showcasing the impact of AI on its software suite.1
- AI stocks have significantly impacted the Nasdaq, pushing it up 43% in 2023 and 29% in 2024 before falling into correction territory in 2025.
- Alphabet experienced a 30% increase in demand for its Google Cloud business in its most recent quarter.
- Adobe saw a 4x increase in generative AI monthly active users in 2024, highlighting the impact of AI on its software.