NVIDIA became the leader in market value growth in 2024. The company's focus on artificial intelligence chips allowed it to add $2 trillion to its value, raising its capitalization to $3.28 trillion by the end of the year, according to Reuters.
Despite NVIDIA's incredible success, Apple remains the leader in market capitalization and recently neared the $4 trillion mark. By the way, Apple was also the first company to surpass the $3 trillion mark, after which NVIDIA and Microsoft joined it.
Microsoft finished the year in third place with a capitalization of $3.1 trillion. Following it are Google's parent company Alphabet Inc. and Amazon, each with a market value of around $2.3 trillion.
Analysts are confident that despite all the challenges and increasing tensions between the U.S. and China, the market value of these tech giants will continue to rise in 2025. They also believe that the stocks of these tech giants will remain stable in the coming years due to the development of AI.