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Six companies, one coast, $17 trillion

  • Nvidia became the first $4 trillion company, almost reaching the GDP of Japan and trailing behind Germany.
  • Nvidia's value is driven by the demand for AI models requiring their GPUs, mainly purchased by cloud providers like Amazon, Microsoft, Google, Meta, and others.
  • When combining the market value of Nvidia, Apple, and major tech players, the total surpasses $17 trillion, approaching China's GDP.
  • These companies collectively generated almost $500 billion in net income in 2024, with significant investments in AI data centers and projects like Project Stargate.

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