As Nvidia dethrones Microsoft, check out the world's top 10 most valuable companies

Jun 19, 2024

By: Sourabh Jain

Credit: Sourabh Jain

Nvidia becomes the world’s most valuable company

Jensen Huang-led chipmaker Nvidia has become the most valuable company in the world with a market cap of $3.335 trillion after a 3.51 percent surge in share price.

Credit: Nvidia

Microsoft drops down to the second position

Satya Nadella-led Microsoft is now in the second position with a market cap of $3.317 trillion. The company, founded nearly 50 years ago has a diverse portfolio which includes both hardware and software products.

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Apple

Apple, which recently lost its position to Nvidia continues to occupy the third spot. The company is a close third with a market cap of $3.285 trillion, with a 1.1 percent decline today.

Credit: Sourabh Jain

Alphabet

Search giant Google’s parent company Alphabet Inc. is a distant fourth with a market cap of $2.171 trillion.

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Amazon

E-commerce giant Amazon is next on the list, with a market cap of $1.902 trillion.

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Saudi Aramco

Oil and gas major Saudi Aramco is next on the list, with a market cap of $1.787 trillion. The company recorded a 2.12 percent decline in share price on Wednesday.

Credit: Saudi Aramco

Meta Platforms

Mark Zuckerberg-led Meta Platforms, the parent company of Facebook is next on the list, with a market cap of $1.266 trillion after a 1.41 percent decline on Wednesday.

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TSMC

Taiwan-based semiconductor manufacturing giant TSMC is next on the list, with a market cap of $931.97 billion. The company recorded a 1.38 percent increase in share price on Wednesday.

Credit: TSMC

Berkshire Hathaway

Warren Buffet-led Berkshire Hathaway, a holding company which owns a stake in several major companies is next on the list with a market cap of $880.93 billion.

Credit: Wikipedia

Eli Lilly

American pharmaceutical giant Eli Lilly is next on the list, with a market cap of $847.24 billion.

Credit: Wikipedia

Nvidia beats Apple, becomes second most valuable company: Top 10 companies by market cap