IBM vs Tencent
Both are primarily Hyperscalers companies. Tencent is larger by market cap ($487.5B vs $213.5B). Tencent reports higher tracked revenue ($112.1B vs $67.5B).
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Side-by-side
| IBM | Tencent | |
|---|---|---|
| Market cap | $213.5B | $487.5B |
| Revenue | $67.5B (FY2025) | $112.1B (FY2025) |
| Primary segment | Hyperscalers | Hyperscalers |
| Market position | major | major |
| Country | United States | China |
| Tracked suppliers | 6 | 9 |
| Tracked customers | 1 | 0 |
| Chokepoint / criticality | 68/100 | 0/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-10-09. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How IBM and Tencent compare
- Size: Tencent is the larger company by market cap.
- Revenue: Tencent reports higher tracked revenue.
- Supply-chain criticality: IBM has the higher chokepoint score (68/100 vs 0/100).
- Footprint: IBM (United States) vs Tencent (China).
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Cite as: wafergraph, “IBM vs Tencent”, https://wafergraph.com/compare/ibm-vs-tencent (data as of 2026-10-09).
Frequently asked questions3
- Is IBM bigger than Tencent?
- Tencent is larger by market cap ($487.5B vs $213.5B).
- What's the difference between IBM and Tencent?
- IBM is a major in Hyperscalers based in United States; Tencent is a major in Hyperscalers based in China. Both operate in the AI & Data Center segment.
- Who are IBM's and Tencent's suppliers?
- wafergraph tracks 6 suppliers for IBM and 9 for Tencent — IBM's include ASPEED Technology, CoreWeave, NVIDIA; Tencent's include Ampere Computing, Enflame Technology, NVIDIA.