Amazon tops 2026 Fortune Global 500, ending Walmart’s 12-year No. 1 run

Amazon tops 2026 Fortune Global 500, ending Walmart’s 12-year No. 1 run

Taiwan’s AI-linked suppliers deepened their gains as TSMC entered the top 100, Wistron posted the biggest jump on the list and WT Microelectronics debuted, while Alphabet remained the most profitable company.

Fact Check
The official Fortune press release ('Fortune Announces 2026 Fortune Global 500 List') directly confirms every key element: Amazon dethroning Walmart after its 12-year No. 1 run, Alphabet becoming the most profitable company at $132B (overtaking Saudi Aramco, which fell to #5), and falling oil prices pushing energy groups lower while tech's earnings lead widened. The Fortune feature article independently corroborates Amazon becoming the world's largest company by revenue. These are primary/official sources with high authority.
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Summary

Amazon ranked first on the 2026 Fortune Global 500, displacing Walmart after 12 years at the top of Fortune’s annual revenue ranking for the 2025 fiscal year. The list’s latest details underscored how artificial intelligence is lifting Taiwan’s technology supply chain: six Taiwanese companies made the ranking, TSMC entered the top 100 for the first time after a 44-place jump to No. 82, Wistron surged 298 places to No. 198 for the biggest rise on the list, and WT Microelectronics debuted. Alphabet became the world’s most profitable company with $132.17 billion in net profit, while Amazon’s $716.924 billion in revenue ended Walmart’s run at No. 1. Fortune’s data also showed broader AI-driven growth across technology hardware and semiconductors, with Nvidia climbing to No. 28 and Taiwan’s major IT manufacturers posting sharp revenue gains.

Terms & Concepts
  • Fortune Global 500: Annual ranking of the world’s largest companies by revenue.
  • advanced packaging: A chip manufacturing stage that combines and connects semiconductors in ways that improve performance and efficiency.
  • AI servers: Server systems built to run artificial intelligence workloads, typically using high-performance chips and specialized components.