The Trillion-Dollar Club Expands: The AI Wave Boosts the Number of Giant Companies
AMD's stock crossed the trillion-dollar mark for the first time, making it the 16th company to join the exclusive club. Almost all companies on the list are tied to the artificial intelligence race, except for Saudi Aramco, Eli Lilly, and Berkshire Hathaway. The article reviews the market value of the leading companies.
AMD's stock surged nearly 10% on the Nasdaq yesterday (Tuesday), crossing the trillion-dollar market cap threshold for the first time, thus becoming the 16th company in the world to do so. The article surveys the trillion-dollar club: Nvidia leads with a value of about $5.4 trillion, followed by Apple ($4.9 trillion), Alphabet ($4.2 trillion), Microsoft ($3.7 trillion), and Amazon ($2.7 trillion). Next are TSMC and SpaceX (about $2 trillion each), Broadcom ($1.7-1.8 trillion), Meta ($1.7 trillion), and Tesla ($1.4 trillion). The list is completed by Micron, Berkshire Hathaway, and Eli Lilly ($1-1.1 trillion). Outside the US: Saudi Aramco ($1.6 trillion) and Samsung ($1.2 trillion). The article notes that only three companies are not directly related to AI: Saudi Aramco, Eli Lilly, and Berkshire Hathaway. At the end of the article, a disclaimer states that the content is not investment advice.
The Trillion-Dollar Club Expands: The AI Wave Boosts the Number of Giant Companies