CHART: The world's largest tech companies in 2024
This Techloy carousel chart shows the world's largest tech companies in 2024 by market value, per our research from companiesmarketcap.com's data.
It was just last week that Microsoft overtook Apple to become the world's most valuable company at a valuation of $2.887 trillion compared to Apple's $2.875 trillion.
Only these two companies have now surpassed the $3 trillion mark as of January 25, 2024, (which Apple reached in July 2023) in market capitalization of all time, a feat that earlier seemed unattainable.
Alphabet (Google), Amazon, NVIDIA, and Meta (Facebook) are the other leading technology giants that have reached at least $1 trillion or more in market value, with Meta staging a comeback, thanks to its refocus on artificial intelligence, after previously hitting the $1 trillion milestone valuation in September 2021.
But perhaps the most interesting company to watch is NVIDIA – the American chip company armed with well-sought-after cutting-edge graphics processing units (GPUs) which are now the nucleus of the AI products and services being launched by Big Tech companies – which became the first chip maker to reach $1 trillion in market value in May 2023.
Eight months later, NVIDIA is now valued at $1.5 trillion – and its share price (now at $612.42, as of today) continues to rise with no signs of slowing – thanks to the outstanding growth in the company's revenue at $26.974 billion in 2023, a 0.22% increase from 2022 at $26.914 billion, and a 61.4% increase from 2021 at $16.68 billion.
This Techloy chart shows the world's largest tech companies in 2024 by market value, per our research from companiesmarketcap.com's data.