Multiple avenues for growth will help this tech stalwart ascend to new heights.
It was just 20 years ago that energy and industrial stalwarts ExxonMobil and General Electric were the world's most valuable companies when measured by market cap, with values of $392 billion and $375 billion, respectively. In the two decades since, there's been a paradigm shift, and technology leads the field.
The companies topping the list need little introduction. AI chipmaker Nvidia heads the pack at $4.3 trillion as of this writing, hitting record highs multiple times this year. Cloud and software specialist Microsoft is also within striking distance of a new record high, worth $3.8 trillion. Rounding out this tech triad is iPhone maker Apple at $3.4 trillion.
With a market cap of $2.4 trill